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Resource ID: #27807
Subject: Student loans
Source: Reveal/Center for Investigative Reporting
Affiliation: 
Date: 2022-06-28

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Description

America's student loan system was created in the 1960s as part of an effort to alleviate poverty and inequality. But by 2016, some 42 million Americans owed an astonishing $1.3 trillion on their student loans, and the debt load had doubled in eight years. How did a program intended to help deserving students go to college become a profit center for Wall Street, private investors, even the government? We sought to document how the nation's student loan crisis unfolded - and who has profited from it.

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