The Debt Dilemma

September 21, 2005

When student loans are the only way to pay for college, who decides how much debt a degree is worth? Through interviews and a review of available research, this paper explores how debt aversion and conflicting views about the role of student loans affect young people, their families, and those who advise them.


Money For Nothing

August 30, 2004

The Institute's first major publication, Money For Nothing, brought national attention to the practice of "recycling" student loans with a guaranteed 9.5 percent interest subsidy. Until public attention was focused on this abuse, some lenders were collecting over a billion dollars a year in payments from the U.S. Treasury that have since been deemed inappropriate.