Detailed text transcripts for TV channel - MSNBC - 20180828:13:45:00
Picture we have of student loan performance looks pretty good at year three but at year five we have a host of problems and the result is hundreds of colleges that probably should have been sanctioned by the department of education for not helping their borrowers enough are essentially not facing any penalties or consequences. >> in addition to that, then you have people -- and we all know folks who find themselves in this situation. they are struggling really hard. people who want to pay off their college loans and it becomes sort of an economic monsoon because then what you have is they can'...