How U.S. Capitalism Buries Students in Debt

On today's episode Walter Smolarek and Prof. Richard Wolff discuss the student debt crisis. With an announcement expected imminently on the fate of the national freeze on student debt payments, pressure is mounting on the Biden administration to not only extend the moratorium, but also cancel a substantial amount of the crushing debt burden tens of millions of people in the United States are under. How did we end up in a situation where borrowers have accumulated over $1.7 trillion in debt just because they wanted to get an education? Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.