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Jamie Dimon sounds off on student debt crisis: ‘What we’ve done is a disgrace’

June 26, 2019


JP Morgan chief Jamie Dimon says we need to “fix the broken parts” of student lending in the United States, according to Yahoo Finance.

“What we’ve done is a disgrace and its hurting America,” JP Morgan’s chief executive officer told Yahoo Finance in an interview Tuesday.

With $1.6 trillion outstanding student debt in the United States, student lending is crippling many Americans. Today the average college graduate leaves school $30,000 in the debt, up from $10,000 in the 1990s.

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