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

[Lee-Lee]

42. Or

We could attack it two fold.

First, reign in crazy costs.

Second, educate kids going in to school on just what debt it, how it affects their future, how likely their chosen educational path is likely to produce an income that can repay that debt, and the alternatives.

It is pretty sad that institutions that are supposed to be all about educating do their best to keep their students very ignorant on debt, the true costs of that debt, and the true possible future income from the education they provide.

Instead of educating students about debt they, they just keep encouraging them to go more and more into debt so the school gets more and more money.

Debt is fine, if it is used responsibly. The problem is students, prodded by those who are supposed to be teaching and guiding them, are using it very irresponsibly. Mostly because nobody ever teaches them about it.