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What to Do About the Student Loan Problem

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What to Do About the Student Loan Problem
Graduating Harvard University Law School students stand and wave gavels in celebration at commencement ceremonies in Cambridge, Mass. on June 5, 2008. Robert Spencer/Getty Images
Mark Hendrickson
Updated:
Commentary

The student loan problem has become a fiasco. The magnitude of the problem is startling—more than $1.5 trillion of outstanding debt (triple what it was a mere 13 years ago).

Mark Hendrickson
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
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