Struggling borrowers enriching Minn.-based student loan guarantor

Student debt is a big industry. This according to a Bloomberg News exclusive story on Educational Credit Management Corp., a Minnesota-based student loan guarantor that bills itself as "one of the country's top 10 guaranty agencies and the U.S. Department of Education's designated provider for student loan bankruptcy services."

How are they benefiting off of student loans? Bloomberg News reporter John Hechinger joins The Daily Circuit Tuesday to talk about his exclusive story.

Create a More Connected Minnesota

MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.