Susanne Soederberg is a professor of political studies and global development studies at Queen’s University, Canada.
Articles by this author
Tuesday, May 26, 2015
The Student Loan Crisis and the Debtfare State
Educational debt has become a ticking time bomb. With over $1 trillion in outstanding loan balances, the student loan industry has a lot in common with the sub-prime mortgage industry, which went into a devastating crisis in 2007-8. Both rely on a financial innovation called “asset-backed...