America will always have student loans. Best to send kids abroad for college these days. Europe's universities pay for a student's tuition and it comes out as higher taxes which evens everything out in the long run. America's education system is run by Big Business, not protected by the government. Certainly not even regulated by the government (look at who our secretary of education is -- she owns for-profit business schools and owns the lender companies that lend student loan monies to those same students. She's a crook, appointment by our crook of a president).