1801: Tackling the Student Loan Crisis. Uncovering Problems and Creating a Path for Change

So Money with Farnoosh Torabi

We’re diving deep into one of the most pressing financial issues of our time—student loans. If you or someone you love has ever felt the weight of student debt, wondered why the system feels so broken, or questioned what real solutions might look like, this episode is for you.

Joining us is Jillian Berman, a veteran financial journalist who has spent more than a decade reporting on the student loan crisis. She’s the author of the new book Sunk Cost: Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It, which unpacks the history, politics, and policies that have turned student debt into a trillion-dollar burden.

In our conversation, Jillian and I will explore how we got here, who’s profiting from this mess, and what needs to change to make higher education more affordable and student loans less of a financial trap. We’ll also talk about recent developments—like legal challenges to loan forgiveness, changes to repayment plans, and what new threats borrowers should have on their radar.

Join the So Money Members Club.

Download Farnoosh’s free investing blueprint.

Hang out with Farnoosh on Instagram.