Student Loan Industry Is Profiting From Student Debt Crisis, Reporter Says

Jeco (CC BY-NC-SA)

By KP Whaley - Wisconsin Public Radio

Reporter: Privatization Of Student Loan Companies, Reduced Funding From Government Have Led To Crisis.

College costs and student debt are much-talked-about issues in this year’s election cycle. Costs have soared and public investment into universities has declined over the years.
In Wisconsin, Gov. Scott Walker announced plans this week to extend the University of Wisconsin System tuition freeze in the next two-year state budget. And both presidential candidates have made tuition costs and student debt platform issues in their campaigns, but a new investigation reveals that many are profiting from the student debt crisis.