Hard Truths With Phil Heimlich

On this episode of Hard Truths, we discuss student loan debt and the affects that it has on our children’s lives long term. Lenders can go after students the rest of their lives because student loan debt is not dischargeable in bankruptcy. Kids are leaving college neck-deep in debt. College tuition continues to soar. Why do schools have no incentive to keep costs down? Because the federal government guarantees the loans. If you are the parent of a college age child you want to listen to this episode!