Through regulatory capture, banks and other powerful corporations are able to maximize their profiteering, usually at others’ expense. A particularly egregious example of lending abuse is in federal loan programs designed to help America’s college students. Ellen talks with Alan Collinge of Student Loan Justice about this exploitive financing regime, and co-host Walt McRee speaks with Mike Brown of LendEdu.com about a new aspect of that financing sector, student loan debt refinancing. Ellen and Walt also review some of the challenges confronting public banking efforts around the country.
