The measurement problem is a solved problem. The solution is that measurement and entanglement are the same physical phenomenon. Measurement is just entanglement extended to a macroscopic system through a process called "decoherence". The net result is that, when you do the math, you recover classical behavior by taking "slices" of the wave function (the mathematical operation is called a "trace"). This has been known for decades now, and provides a coherent and easy-to-understand picture of what is "really" going on. It is astonishing to me that the physics community still bifurcates into two camps: those who think this is common knowledge, and those who are completely unaware of it (or think it's a crazy idea).
References:
http://www.flownet.com/ron/QM.pdf
https://www.youtube.com/watch?v=dEaecUuEqfc (The same content in a video)
http://blog.rongarret.info/2014/09/are-parallel-universes-re...
http://blog.rongarret.info/2014/10/parallel-universes-and-ar...