How to make college affordable: Four ways to stem toxic student debt

Matt Zalaznick's picture
Thursday, August 8, 2013

One of the sorriest American myths these days is that getting into enormous debt will secure a better financial future for today’s students.

Not only is debt a manacle for future generations, it’s not good for the country at large — a $4 trillion burden on future earnings and wealth.

When politicians make a stink about student loan rates, they’re smelling a rotten fish, but not the most obvious one. They should be berating colleges and our own broken higher education-funding system for not providing more grants — and less loans.

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