The $1.6 Trillion Student Loan Monster—-End It Now

Needless to say, the federal student loan program is a mess, and millions of recipients of its loans are mired in debt. So mired, in fact, that, according to two recent studies :40 percent of borrowers may default on their student loans by 2023: 250,000 borrowers default on their federal student loans each quarter: It takes 19.4 years, on average, to pay off student loans