half of outstanding student loan isnt being repaid. 7 million in default

[2naSalit]

10. I never hear anyone ever mention

all those thousands of nontraditional students who went to college later in life to gain what they couldn't prior to the loan possibility or because they were urged to when all the jobs they once had became "automated" sent overseas or they were no longer capable (physically or education-wise). Many took the loans as an investment in their futures with every intention of repayment. And many who are in default now graduated right around or after 9/11/2001 which screwed hundreds of thousands who may even have had a good paying job lined up after graduation but that fizzled into thin air as the world came to a screeching halt. And then there are those who had nearly the same thing happen seven years later in 2008/2009.

So what did all those older graduates with no reasonably paid job to help with paying the cost of their education/mortgage?

Working temporary, part-time jobs just to keep a roof over one's head, and many who have children is a basic necessity and the damned loans can wait... like who's going to die or starve to death because the newly impoverished can't pay the #300 -$1300 a month for loans that are impossible to pay after the rent is paid?

But the collectors are always calling and the mailbox fills with notices that if you can't pay the $3,000 monthly interest you will be in collections. It's a vicious circle and the young AND the older students have no chance at getting a job even after a couple years because you need to have transcripts to prove what you studied and your grades but can't have access to them because you owe money for your loans if you're in default.

Our country is so messed up in so many ways, makes one wonder how it can be fixed, or IF.