A Massive Wave Of Student Loan Defaults Is Coming

There are for profit schools that are predatory, in my opinion, and I’m in no hurry to bail out people who borrow heavily to attend them. There should be a limit to the amounts people can borrow. If state schools cost more than their residents can pay then those systems should be overhauled. But I don’t think taxpayers should be required to fund for profit colleges and dream schools for students who think they’re too good for their local university or community college.