John Oliver’s main story on Sunday’s Last Week Tonight focused on student debt—and Oliver spent much of the segment going after for-profit colleges, which, as Jordan Weissmann and Tressie McMillan Cottom have noted in Slate, spend a great deal of money marketing their schools to students who will “have little hope of graduating in order to collect their tuition checks.”
How did debt get so bad in the United States? Join personal finance columnist Helaine Olen as she takes in-depth look at the reality of debt in America. What’s it like to empty out your 401(k) to help a family member? How does a first-generation college student navigate student loans at a for-profit school? What works—and what doesn’t—for people struggling to get out of debt? Find out in this series. Join us today.