How college loans exploit students for profit | Sajay Samuel

http://youtu.be/YXWKuK-Qsu4
"Once upon a time in America," says professor Sajay Samuel, "going to college did not mean graduating with debt." Today, higher education has become a consumer product — costs have skyrocketed, saddling students with a combined debt of over $1 trillion, while universities and loan companies make massive profits. Samuel proposes a radical solution: link tuition costs to a degree's expected earnings, so that students can make informed decisions about their future, restore their love of learning and contribute to the world in a meaningful way. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://bit.ly/1ksqgu9 Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: http://bit.ly/1ksqem9 Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector


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