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[JarvisTechnology]

Instead of paying debts for those students, why don't the government takeover the college and run it, or atleast hand it over to any reputed institution. That way students can continue their study and become a graduate and work and pay their debts by themselves.

[Possum577]

http://finance.yahoo.com/news/courts-rule-disabled-woman-living-120003566.html

Here's a reason to pay your student loans (in the US at least.) No one can escape the obligation, no matter how bad things get. If you stop paying the government will find a way to get it from you...unless of course you were the victim of some fraud.

Pay your debt people!

[ThEmporium]

What are the requirements to get a student loan?

According to this link https://studentaid.ed.gov/sa/eligibility/basic-criteria
1) Demonstrate financial need (for most programs)
2) Be a U.S. citizen or an eligible noncitizen
3) Have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau)
4) If you’re a male (you must register between the ages of 18 and 25)
5) Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program;
6) Be enrolled at least half-time to be eligible for Direct Loan Program funds
7) Maintain satisfactory academic progress in college or career school

[mayflor2]

Student loans is a beautiful way for the government to fuck themselves and their people just for the economy.
Instead of higher college fees, implement less fees so students can study with less pressure, study better and pay back their dues. A degree is important for jobs now, and if there are no job creators because they couldn't afford college, how fucked up can it be?

[risingtide]

Would prefer a system where students are put on vocational / professional tracks according to their educational / aptitude testing (like in the Netherlands). These predatory for-profit schools that are still rampant in the U.S as many students haven't had much guidance about career paths. Most of these students are better served either by low-cost community colleges or entering the workforce directly.

It looks like the new economy is favoring freelancers more, so hopefully the allure of college wanes and young adults have more real choices at the end of their teenage years to prepare for their futures.