Marketplace for Tuesday June 24, 2014
A new Brookings report out today suggests that the crisis surrounding student loans may not be what we think it is. The report is based on data from the last 20 years and says that certain areas are worse than others. Graduates, for example, are in tougher spots than undergraduates. We look at where the problems with student loans are most acute. Plus, the Export-Import bank, whose charter is expected to expire at the end of September, faces a dire future as both the White House and Republicans call for its end. What is it and what are its main functions? We explain. Also, we look at how politicians talk about wealth when they talk about wealth: Did you work your way up, did you earn every dollar, or were you just lucky? And does it matter whether it looks like you earned every dollar? There’s earning a lot of money, and there’s being paid a lot of money.