Chapter
The Student Debt Crisis
42:22 - 51:26 (09:04)
The student debt crisis is a major issue facing millions of Americans, with many graduates struggling to pay back their loans. This is largely due to the federal government's involvement in guaranteeing student loans, leading to inflated prices and for-profit institutions taking advantage of students.
Clips
The government's printing of billions of dollars to buy securities and give money to people removes liquidity from the market, making it more fragile and precarious.
42:22 - 44:43 (02:21)
Summary
The government's printing of billions of dollars to buy securities and give money to people removes liquidity from the market, making it more fragile and precarious. The Federal Reserve's maintenance of low interest rates and quantitative easing during a boom has magnified the business cycle of recessions.
ChapterThe Student Debt Crisis
EpisodeE78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Despite the increasing numbers of Americans getting higher education degrees, the student loan crisis is also growing, with the majority of debt being held by white borrowers.
44:43 - 51:26 (06:43)
Summary
Despite the increasing numbers of Americans getting higher education degrees, the student loan crisis is also growing, with the majority of debt being held by white borrowers. The history of federal programs and for-profit educational institutions has led to a broken system that disproportionately affects certain groups.