Melissa Korn
speaker
822 appearances
14 recordings
1 series
first heard Sep 2017
last heard Sep 2024
Melissa Korn’s voice in public audio — every appearance, attributed to the second.
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Appearances
The interest continues to accrue.
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So the loan balance is continuing to grow.
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They're getting deeper in the red.
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There is great anxiety among these students.
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Even if they know that eventually the remaining debt might be forgiven, it's still just hanging over them.
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There's panic.
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There's embarrassment.
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Some of these people are mortified that they ended up in this situation.
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They feel like they did something wrong or they made some wrong decisions.
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One of the challenges was up until very recently, they couldn't see the outcomes for their programs.
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This data that we used in our analysis here is really new.
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You couldn't tell what share of graduates in certain master's programs were repaying their loans before this.
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The schools didn't always share details of the job prospects or earnings outcomes for their own graduates.
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So a lot of students took on this debt a little bit blind in
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in terms of whether or how they'd be able to pay it off eventually.
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You know, I had a lot of students say, you know, this was supposed to be kind of my path to the American dream, right, going to an Ivy League institution.
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And now all of those markers of adulthood, parenthood, marriage, homeownership just seem even further out of reach.
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A lot of these schools say, yes, we have a large endowment, but much of it is accounted for already.
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It's already been spoken for.
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It's earmarked for different things.
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Showing 661–680 of 822 · page 34 of 42
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