Laura Beamer speaks to Vox about student debt

Lead researcher on Higher Education Laura Beamer spoke to Vox’s Emily Stewart for a piece titled “There are no easy answers on canceling student debt.”

“We know that people with student debt are less likely to own a house, they’re less likely to start a business, they’re delaying normal financial life cycles than previous generations past,” including starting families and saving for retirement, said Laura Beamer, lead researcher on higher education finance at the Jain Family Institute. “We also know that people 50 and above are the fastest-growth student debt loan accruing debt group, because they’re taking loans out for their kids or their grandkids.”

View the post on Vox here.