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…