Adam Ruins Everything — Student Loans

Adam Ruins Everything is a half-hour informational comedy were host, Adam Conover, debunks popular myths. Each episode is divided into 3 segments with some common theme. In the Spring of 2018, James Tierney and I sat down to go through all three seasons of Adam Ruins Everything to pick out examples in each episode that could be used in an economics course. If you’re curious about the paper, you can read about it here.

Adam is back to discuss how student loan providers have turned so evil. When traditional institutions didn’t step in to provide loan services to students, the government tried to rectify the situation, but may have made things worse.

Dee-1 — Paying Sallie Mae Back

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.

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