Billionaire Pledges to Erase Student Loans for 2019 Morehouse Grads

The video discusses the surprise announcement of student loan forgiveness and its impact on students. It highlights the growing issue of student debt, which has reached $1.5 trillion, and explores the reasons behind rising education costs. The challenges of repaying loans, including negative amortization and income-based repayment plans, are examined. The video also considers the broader impact of debt on life choices, such as buying a house, and the financial burden on the younger generation.

Why might students accumulate more debt while attending graduate school?

What impact does student loan debt have on the ability to buy a house?