May be better placed in Daily Texan, but there are some political aspects to the student loan "debacle".
It's a problem, to be sure, but, and this chaps my hide a bit, the story on NPR (so far) has not said anything about whether the choice of taking out these loans was a wise one, or even a good one. Owing $100k when you're a theater/radiotvfilm/undergrad psych major is stupid. The student may not be stupid, but they have made a stupid decision. (if you want to argue that people who make stupid decisions are stupid you won't get much argument from me).
They said that students don't know the difference b/t taking out a $3,000/yr loan vs a $30,000/year loan. It's all just a number and you sign your name. Give me a fucking break.
If there's anything we should have learned by now, it's that you can't prevent stupid people from being stupid.
I would like to see the data on some of these loans: amount, major, school, did they graduate, etc.
Again, if you took out $100k in loans and you're a theater major then you get no sympathy from me. Sorry.