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John Oliver’s student loan crisis update
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Nearly a decade ago the comedian John Oliver took on student loans on his remarkably pedagogical show. It was a good, bracing overview of the problem as it stood then. This week Oliver returned to the theme. I wanted to share it here, then add some comments: Oliver (and his writing, research team) hit on a good range of essential points. The show starts with updated data: “over 43 million Americans have student loans, that’s about 13% of the U.S. population, for a total outstanding debt of $1.7 trillion.” Then Oliver races ahead, sketching out: student loan history back to...
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