Why Do Students Have So Much Debt?

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Going to college in America ain’t cheap with each semester costing thousands upon thousands of dollars. How do American students pay for this and how did the price tag get so high? Today, Danielle takes a dive into the student debt crisis and examines the good intentions that led to it.

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Created and Hosted by: Danielle Bainbridge
Produced by Complexly for PBS Digital Studios
#StudenLoans #StudentDebt #OriginOfEverything

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Origin of Everything is a show about the undertold histories and cultural dialogues that make up our collective story. From the food we eat, to the trivia and fun facts we can’t seem to get out of our heads, to the social issues we can’t stop debating, everything around us has a history. Origin of Everything is here to explore it all. We like to think that no topic is too small or too challenging to get started.

Works Cited:
Best, Joel and Eric Best. The Student Loan Mess: How Good Intentions Created a Trillion-Dollar Problem. Berkeley: U of California P, 2014.

College Board. “College Costs, FAQs.” https://bigfuture.collegeboard.org/pay-for-college/college-costs/college-costs-faqs. Accessed 9 April 2019.

College Tuition Compare. “Paying for University of Pennsylvania.”
https://www.collegetuitioncompare.com/edu/215062/university-of-pennsylvania. Accessed 23 April 2019.

Delbanco, Andrew. College: What it Was, Is and Should be. Princeton: Princeton UP, 2012.

Federal Reserve Bank of New York. “Quarterly Report on Household Debt and Credit, Q4 2018” https://www.newyorkfed.org/microeconomics/hhdc.html. Accessed 9 April 2019.

Federal Reserve Bank of New York. “Total Household Debt Rises as 2018 Marks the Ninth Year of Annual Growth in New Auto Loans” https://www.newyorkfed.org/newsevents/news/research/2019/20190212. Accessed 9 April 2019.

Make Lemonade. “Refinance Student Loans.” https://www.makelemonade.co/loans/refinance-student-loans-consolidation/ Accessed 9 April 2019.

Occupy Solidarity Network, “Occupy Wall Street: We are the 99 Percent.” http://occupywallst.org/article/statement-occupy-student-debt-campaign/ Accessed 9 April, 2018.

Pell Institute for the Study of Opportunity in Higher Education. “Mission and Purpose.” http://pellinstitute.org/mission_&_purpose.shtml. Accessed 9 April 2019.

United States Government, “National Defense Education Act of 1958.”
https://federaleducationpolicy.wordpress.com/2011/06/03/national-defense-education-act-of-1958-2/. Accessed 9 April, 2019 via the History of Federal Education Policy website. (Please ask your fact-checker if there is a better way for your audience to access the primary document)

University of Michigan, Office of Financial Aid. “Cost of Attendance.” https://finaid.umich.edu/cost-of-attendance/. Accessed 9 April 2019.

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