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Fixing America’s $1.6 trillion student debt crisis is going to take a serious crackdown on wasteful schools and unnecessary loans, not quick fixes

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If your instinct is that there has to be a good story behind how Americans have collectively racked up $1.6 trillion of college debt — much of it never to be repaid and with the taxpayers holding the bag – Wall Street Journal reporter Josh Mitchell’s “The Debt Trap: How Student Loans Became a National Catastrophe” will confirm your suspicions with a vengeance. 

It is not just the sheer volume of the obligations that takes one’s breath away – more than either outstanding credit card or automotive debt – but the breadth of who details ⇒

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