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Student loans and 'risk-sharing' – the problem with penalizing colleges when graduates can't pay

  • Written by Kate Padgett Walsh, Associate Professor of Philosophy, Iowa State University
Student loans and 'risk-sharing' – the problem with penalizing colleges when graduates can't payStudent debt has surpassed $1.5 trillion.Mira Klein from www.flickr.com

When a student borrows money from the government to go to college and then has serious trouble paying it back, should the college be on the hook to help pay back the government? That question lies at the heart of a proposed idea known as “risk-sharing.”

The idea is...

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