Dee-1 has a big announcement for his fans, he’s finally paying Sallie Mae (his student loans) back. This is my favorite video to play before we start discussing human capital markets because student loan providers are viewed as evil, but they are filling a role in the market that traditional lenders aren’t willing to service.
Neal Brennan: College Loans
A student in my Labor Economics class shared this great clip of standup comedian Neal Brennan discussing why banks don’t want to loan for college degrees. This is a great clip to talk about capital market imperfections and even signalling.