investigative reporting

investigative reporting

Who Is Getting Rich Off the $1.3 Trillion Student Debt Crisis?

1d ago
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http://democracynow.org - We continue our conversation looking at student debt. A stunning 42 million people now owe $1.3 trillion in student debt. A new investigative report published by Center for Investigative Reporting peels back the layers on this trillion-dollar industry. The article, titled "Who Got Rich Off the Student Debt Crisis," follows what happened after the federal government relinquished direct control of the student loan program and opened it up to banks and profit-making corporations. We speak to Pulitzer-Prize-winning journalist James Steele and Saul Newton, who was profiled in the article. Saul dropped out of the University of Wisconsin-Stevens Point because of rising costs and student debt. Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: http://democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today: http://democracynow.org/donate FOLLOW DEMOCRACY NOW! ONLINE: Facebook: http://facebook.com/democracynow Twitter: https://twitter.com/democracynow YouTube: http://youtube.com/democracynow SoundCloud: http://soundcloud.com/democracynow Daily Email: http://democracynow.org/subscribe Google+: https://plus.google.com/+DemocracyNow Instagram: http://instagram.com/democracynow Tumblr: http://democracynow.tumblr.com Pinterest: http://pinterest.com/democracynow iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554 TuneIn: http://tunein.com/radio/Democracy-Now-p90/ Stitcher Radio: http://www.stitcher.com/podcast/democracy-now