Some are enrolling in college just to get student loans

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Podcasts Take Two

Mar 4, 2014

Listen • 5:03

Some are enrolling in college just to get student loans

Student loans have been a problem for a long time. The amount of loans is now at $1.1 trillion dollars, but the problem may be getting even worse. Some believe that a growing number of people are enrolling in college, not to get a degree or training, but just to get a student loan.

Some college graduates may have to pay back more than they expected with interest rates on student loans set to double next week.

Student loans have been a problem for a long time. The amount of loans is now at $1.1 trillion dollars, but the problem may be getting even worse. Some believe that a growing number of people are enrolling in college, not to get a degree or training, but just to get a student loan.

Student loans have been a problem for a long time

The amount of loans is now at $1.1 trillion dollars, but the problem may be getting even worse. Some believe that a growing number of people are enrolling in college, not to get a degree or training, but just to get a student loan.

In other words, to get their hands on some money so they can pay rent or bills. Josh Mitchell, economics reporter with the Wall Street Journal, joins the show with more.