Money Talks: Counting the cost of education

Is a college degree worth it? That question hangs over millions of would-be students, as they prepare to apply to university. It is one that many graduates might be mulling over as they have to start paying off their college debts once more. America's pandemic-era moratorium on student debt payments comes to an end in September.  On this week's podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird examine whether college is still worth the time and the money. Constantine Yannelis from the Chicago Booth School of Business explains how the US economy will be impacted when up to 45 million Americans are confronted with their student debt payments once more. And Michael Itzkowitz, who was appointed to the US Department of Education by former President Obama, reveals how often students fail to earn a return on their investment in education.