The Solution to Paying Off Student Debt
Begins with the student, but includes the colleges and a reform of the student-loan system.
It is interesting to note how in the real world loans work. According to the Fed, non-performing loans in the real world rest at about 1%! Yet student loans are at 23%! It is clear that the student loan market is highly distorted. The objective is to re-introduce reality into the student loan marketplace.
Posited in a previous article, the problem of stu…
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