CNN) — The student debt fight is back — with a vengeance.
Once again, current students are facing the possibility of interest rates on Stafford Federal student loans doubling.
Once again, we are asking what our leaders are doing about a crisis that gets worse every year.
Once again, the answer is: Not much.
That is a huge problem — and not just for millennials, or young people born between 1980 and 2000. The approximately $1.1 trillion in student debt out there already constitutes a crisis for every one of us.
It is the only form of household debt that has continued to riseduring the Great Recession. It is also the only form of debt that cannot be discharged under bankruptcy or even death, as parents who have lost children hav...Read More