Parents Paying Down Student Debt Worry How They’ll Send Kids to College
bloomberg.com
bloomberg.com
1 https://www.cnn.com/2020/01/11/politics/millennials-income-s...
And there's a solution for folks who are drowning in debt, declare bankruptcy. But this is where student loans are insidious - you cannot bankrupt them. That's the one big change that folks should make wrt to the student debt crisis. Make the loan eligible for bankruptcy (like any other loan) and then keep demographic statistics on who defaulted on their students loans and use that to reduce credit to high risk majors/universities/etc.
But i do think it would be a better country with forced service between highschool and potential higher education.