This compendium of measures -- revising the tax and bankruptcy codes, holding schools financially responsible for their outcomes, fairly pricing and structuring student loans, setting sensible loan limits and, most important, forthrightly addressing the existing debt -- make sense for the benefit of the borrowers, their benefactors (the taxpayers) and the economy as a whole.
It also makes sense for us a society because it's not enough to do no harm -- we must also do what's right.
This story is an Op/Ed contribution to Credit.com and does not represent the views of the company or its affiliates.
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