After four years of hard work, todays college students will graduate with a hard-won degree, knowledge of the world, skills to enter the workforce… and, on average, tens of thousand of dollars debt and few job prospects. Hear a discussion on starting out in the red.
Guests:
Marie O’Malley
* A financial aide specialist for Nellie Mae, a subsidiary of Sallie Mae
Garance Franke-Ruta
* Senior Editor at American Prospect
* Had a story in the May 2003 issue called, “The Indentured Generation: How Debt Stunts Young People’s Dreams.”
Russ Roberts
* Economist at Weidenbaum Center at Washington University, St. Louis