Solving The Student Loan Crisis By Eliminating The Option

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By Shawn M. Carter, CNBC

“More than 44 million Americans have taken out loans to pay for college and their debt totals $1.4 trillion. For those in their 20s, the average loan debt is $22,135. For those in their 30s, it’s $34,033. And 60 percent of borrowers don’t expect to pay off their loans until their 40s.

Gregory Dehn, founder and chief executive officer of Kaleidoscope, which connects high school and college students with grant and scholarship providers, offers a fix.”

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