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News  ›  Benzinga

One-Fourth Of America's Unemployed Are Now College Grads— Chamath Palihapitiya Warns Student Loans Are Fueling The Crisis

Benzinga Logo Benzinga By Rishabh Mishra
One-Fourth Of America's Unemployed Are Now College Grads— Chamath Palihapitiya Warns Student Loans Are Fueling The Crisis

A new report reveals that 25.3% of unemployed Americans are college graduates, signaling a 'white-collar slowdown'. Venture capitalist Chamath Palihapitiya criticizes federal student loan policies, arguing they push students into unsustainable debt for degrees with diminishing value.

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