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PBS Newshour Segment: Why Americans are Struggling with- and Defaulting on- Small Debts

One of the things that suddenly came into focus for me, when I became a parent, was the importance of “asset accrual” in stabilizing a small family (previously eschewed by me for reasons of “artistic freedom”). And also, ways to help my child have a better financial footing than I did. This is a great- although short- discussion on why income-based repayment for educational debt may not be enough, and what the long-term social damage might be.

Video: Americans and the struggle with student debt, PBS Newshour 02/23/15

Discussion on education, the student debt crisis, and the long-term implications
for Americans unable to accrue assets- even from a small educational debt.


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