Student Loan Crisis Summary

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In the article, “Economists Offer Unconventional Wisdom on Student-Loan ‘Crisis,’” Becky Supiano (2016), presents a new perspective about the potential negative impact of the media’s description of the current student debt crisis. According to Sandy Baum, the author of Student Debt: Rhetoric and Realities of Higher Education Financing, the main issue is not students graduating with debt, but students preemptively dropping out of college to avoid high debt (Supiano, 2016). Ms. Baum claims that college dropouts might have less debt, but they are more likely to default on those loans (Supiano, 2016). Baum adds, "If we keep talking about student debt as an unmitigated evil…we’re going to discourage a lot of people from going to college" (Supiano,

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