The Fund-Eating Dragon

Man with sign that reads "Master of degrees, shackled by debt" and holding a ball and chain

NPR dives into the history of the student loan crisis, from its beginnings with — of all things — Russia’s launch of the Sputnik satellite in 1957.

In this 50-minute piece, you’ll discover how the road to student-debt hell was largely paved with good intentions. It was to be a path to prosperity. But along the way, key policy decisions and opportunistic lenders turned it into the $1.7-trillion monster we face today.

https://www.npr.org/2022/07/20/1112599148/student-loans-the-fund-eating-dragon