America’s Student Loan Crisis: What’s Going Wrong and How Can We Fix It?

The topic of student loans was one of the more prominent issues discussed in the election season. The price of tuition for colleges in the United States is rising alarmingly. “The average annual increase in college tuition from 1980-2014 grew by nearly 260% compared to the nearly 120% increase in all consumer items,” according to Business Insider. Student loan debt has now surpassed $1.3 trillion in the U.S. Government subsidization of college education, coupled with increasing demand, has contributed to this large increase in both tuition prices and student loan debt.…