Josh Mitchell

speaker

438 appearances 7 recordings 1 series first heard Jul 2017 last heard Feb 2022

Josh Mitchell’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Student Loans: End of the Government Monopoly? · 8 Mar 2018 podcast

You probably won't be able to qualify for private loans, and that means that if there's a cap on how much you can borrow on federal loans, you might not have as many options as you do now under the current program.

Yeah, so the Consumer Bankers Association has actually met with officials at the Education Department under President Trump.

And, you know, President Trump, before he took office, had lent support to this notion that the government should get out of the student lending business.

So I think in general, at least in the past, he himself has expressed support for the idea that lending should shift to the private sector.

Then you have Republicans in Congress.

They control both chambers of Congress.

And their bills, at least the House bill that's out there right now on this issue, would include some of the proposals that the industry has called for.

And I think the underlying argument that Republicans and the private sector are making right now is that there are so many problems with the higher education finance system as it is and that the source of those problems, according to them, is that this federal loan program has become way too big.

There's no limits on how much students can take out in a lot of cases to cover their tuition and their living expenses while in school.

And they think that if that, if you do introduce underwriting for at least a portion of these loans, that will fix some of the problems.

There's obviously a big debate about whether that's the case.

The Democrats on the other side of the aisle would argue that that's not the case, that we should have, that the federal government should continue to be the main financier of student loans.

But

You know, that's kind of the heart of the debate right now is will underwriting improve this program and problems in higher ed.

Sure.

Thank you.

WSJ Your Money Briefing · College Tuition Grows at Slowest Pace in Decades · 25 Jul 2017 podcast

Yeah, so this is a question of supply and demand. matched

And we've seen lower demand for college and higher education in general as the labor market has improved. matched

This is what happens when the economy is doing pretty well. matched

People decide to go out in the labor force and get jobs and hold jobs as opposed to going back to school or going to graduate school. matched

Showing 361–380 of 438 · page 19 of 22