From the article:
The solution receiving the most buzz is an idea to forgive all student loan debt. More than 600,000 Americans have signed a petition asking the federal government to forgive student loan debt as a “trickle-up” approach to stimulating the economy.
Critics of the notion say it’s an impractical solution, as well as unfair to past and future generations who either already repaid their student debt or won’t be able to avoid student loans in the years ahead. But dismissing this remedy out of hand ignores the very real pain, fear and anger felt by recent college students as they stare down the barrel of huge student loan payments in the worst job market since the Great Depression. Student debtors in droves are turning to Facebook and Twitter to tell their own personal stories and their message shines through loud and clear: We need an immediate fix to the student loan crisis.
The world will definitely not end if the student loan borrowers will clearly understand repaymemt rights. It's always been desirable but not survivable. This should be fixed as early as possible before each and every student gets sinking on their loan payments.
That’s because most borrowers simply don’t have the information they need to avoid payment problems before they start.
