Money Talks: Counting the cost of education
Podcast: Economist PodcastsPublished On: Thu Aug 24 2023
Description: Is a college degree worth it? That question hangs over millions of would-be students, as they prepare to apply to university. It is one that many graduates might be mulling over as they have to start paying off their college debts once more. America’s pandemic-era moratorium on student debt payments comes to an end in September. On this week’s podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird examine whether college is still worth the time and the money. Constantine Yannelis from the Chicago Booth School of Business explains how the US economy will be impacted when up to 45 million Americans are confronted with their student debt payments once more. And Michael Itzkowitz, who was appointed to the US Department of Education by former President Obama, reveals how often students fail to earn a return on their investment in education. Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks. For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.
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