It’s not easy being a student today: The federal student loan interest rate doubled on July 1, state financial assistance continues to decline, and university tuition continues to climb. Some say that raising tuition enables schools to subsidize low-income students, but critics say this high-tuition high-aid model actually ends up hurting students in need. We discuss the rising costs of higher education and school loans.
Debbie Cochrane, program director of The Institute for College Access & Success
David Alcocer, interim director of student financial support at the University of California
Joshua Freedman, policy analyst in the Economic Growth Program at the New America Foundation
Andrew Gillen, research director at Education Sector