Why private education loans need reform
Education debt nearly is a practical puzzle. For many students, this lending proves crucial and extends enormous utility. Stickiness usually surfaces only after a student graduates and his or her loans enter repayment. While debt dollars or repayment problems may differ across academic majors and college settings, students should be reasonably able to defer their education loans, regardless of lender, while enrolled in school.
When borrowing for education, students often draw …