Four years ago, I was sitting in my college dorm in Conway, Arkansas, wondering why paying $39,290 a year possibly made sense. I had come to college with hopes that it would make me a better person, but I soon realized that I would learn far more by going out to experience that world, rather than paying people tell me about the world. Disillusioned with school, I left.
Recently, billionaire investor Mark Cuban declared that fixing the student debt crisis is the most important thing our government can do to restore the national economy. His idea: cap federal student loans at $10,000 per student, per year. Few would argue that student loan debt isn’t a problem of epic proportions, but Cuban’s explanation of the crisis and his solution resulted in mixed reactions.