Solving the student debt crisis: Increase the supply of education says Mark Zandi

6:59 AM ET Thu, 3 Jan 2019

Chief economist of Moody's Analytics Mark Zandi says the $1.5 trillion of outstanding student loan debt has created a 'crisis' for young Americans. He says it is part of the reason millennials are waiting longer to start families, buy houses, and launch businesses. To solve the problem, he suggests shifting focus from providing student loans to increasing the supply of education options.