By Allan Sloan,
With the Fourth of July just passed, this seems like a good time to bring some independent thought to bear on how to liberate millions of Americans from one of our countrys major problems.
And to suggest a few ways to do this without setting off divisive disputes.
The problem Im talking about is student loans. The numbers, as you likely know, are staggering. According to the Congressional Research Service, nearly 43 million U.S. adults one in six of us have federal student debt, totaling about $1.4 trillion. That includes not only students, but also parents who took out loans to help their kids.
About $150 billion of those loans are in arrears or in default, and untold millions of borrowers are struggling …
Read the full article at: https://www.washingtonpost.com/business/economy/canceling-all-student-debt-is-a-bad-idea/2019/07/05/09b3d11a-9dc4-11e9-85d6-5211733f92c7_story.html