High interest loans to subprime borrowers. Millions struggling to pay off debts. Allegations of financial shenanigans by lenders. It may sound like the mortgage crisis, but these factors are also all part of an intensifying controversy about student loans. On this episode, I talk to Sen. Elizabeth Warren and Pennsylvania Attorney General Josh Shapiro about skyrocketing student debt, and how the Trump administration is delaying rules to protect borrowers. During the discussion, Shapiro details his landmark lawsuit against America’s largest student loan servicer. The case — which alleges that the company systematically harmed borrowers across the country — could fundamentally reshape the lending industry and the student loan process.

 

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