James Kvaal on student debt

We are running a big experiment here: No generation before has carried student debt burdens anything like what today's students are carrying.  There will be substantial amounts of student debt that will never be repaid.

~ James Kvaal, president of the Insitute for College Access & Success and former Obama adviser, as quoted in "The Lasting Burden of Student Debt: Paying off the $1.6 trillion bill for higher education could take U.S. borrowers a lifetime," Bloomberg Businessweek, August 19, 2019