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Hubwonk host Joe Selvaggi talks with education financing expert Mark Kantrowitz about the $1.6 trillion in U.S. public student debt - who owes it, who stands to benefit from the Biden administration's recent promise for across-the-board student debt reductions, and what strategies are available to target only those most in need.
Guest:
Mark Kantrowitz is a nationally-recognized expert on student financial aid, scholarships and student loans. His mission is to deliver practical information, advice and tools to students and their families so they can make informed decisions about planning and paying for college. Mark writes extensively about student financial aid policy, and has testified before Congress and federal and state agencies about student aid. He has been quoted in more than 10,000 newspaper and magazine articles, and has been published in The New York Times, Wall Street Journal, Washington Post, Reuters, Huffington Post, U.S. News & World Report, Money Magazine, Bottom Line/Personal, Forbes, Newsweek and Time. He was named a Money Hero by Money Magazine, and is the author of five bestselling books, including How to Appeal for More College Financial Aid, Twisdoms about Paying for College, Filing the FAFSA and Secrets to Winning a Scholarship. Mark is Publisher of PrivateStudentLoans.guru, a web site that provides students with smart borrowing tips about private student loans. He has previously been employed at Just Research, the MIT Artificial Intelligence Laboratory, Bitstream Inc. and the Planning Research Corporation, and is President of Cerebly, Inc. (formerly MK Consulting, Inc.), a consulting firm focused on computer science, artificial intelligence, and statistical and policy analysis. He is ABD on a PhD in computer science from Carnegie Mellon University (CMU), earned a Bachelor of Science in mathematics and philosophy from MIT, and a Master of Science degree in computer science from CMU. He is also an alumnus of the Research Science Institute program established by Admiral H. G. Rickover.