How taking out student loans impacts — and creates — generational debt

A college education is often touted as the means to a successful and comfortable life. For students who take out loans, the burden of debt puts brakes on wealth building for them and their families. Faith Sandler, executive director of Scholarship Foundation of St. Louis has helped students and their families navigate student aid for 34 years. As conversations about debt continue and debt forgiveness plans remain on hold in the court system, Sandler talks about the rising cost of higher education and what it tells us about economic and racial inequalities.