Your Wallet: Redesigning student financial aid

Marketplace Weekend Staff Sep 22, 2014

According to the Federal Reserve, total student loan debt in the country has recently surpassed $1 billion:

The effects of student loans pop up throughout the economy: housing is out of reach for many, and even social security can be affected.

So, how would YOU re-create financial aid, if you could? Would you require work-study programs to bring down the cost of college while in school? A greater number of programs that cover student debt after you graduate?

Let us know on Twitter or email us, we’d love to hear your ideas.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.