“You might say those who can't repay their student debts shouldn't have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.”

American professor, author, lawyer, and political commentator

Robert Reich is an American professor, author, lawyer, and political commentator. He served in the administrations of Gerald Ford and Jimmy Carter, and later as secretary of labor under President Bill Clinton from 1993 to 1997. He was also a member of Barack Obama’s economic transition advisory board. In 2008, Time named him one of the Ten Most Effective Cabinet Members of the century, and The Wall Street Journal ranked him sixth on its list of Most Influential Business Thinkers.