"Investing in Higher Education: Benefits, Challenges, and the State of Student Debt" is the work of the White House Council of Economic Advisers (CEA). The 78-page report argues that, despite the widespread belief student loans are dragging down young U.S. workers, the surge in debt has actually been a boon for the United States.
"Federal student loan programs help expand access to high-quality education, which has long-lasting benefits to individuals as well as the overall macroeconomy through higher labor productivity and faster GDP growth.