Student loan debt: a big problem and an American opportunity

Young adults are leaving college with staggering amounts of debt in student loans. And it seems like that college degree means a lot less today than it meant a few decades ago when it comes to job prospects and projected income. It's not a great spiral for students, and it looks like real momentum is building at the federal level to take a look at student loan debt see if helping to alleviate some of it makes sense -- for the student and for the country. So how bad is the debt situation for students in the United States right now? What does student debt actually do for our economy -- is it a good thing to keep the wheels turning, or does is hold back production? And what could realistically happen in DC to address the situation given the current political reality in America? Dr. Tunde Odusami, Associate Professor of Finance at Widener University joins KYW Newsradio In Depth to talk about the state of student loan debt in the country right now, the stimulus effects of debt alleviation, and the downstream effects of making college more affordable.