Identify reasons why people are having a hard time keeping up with making their student loan payments.

·     Identify reasons why people are having a hard time keeping up with making their student loan payments.

·     Examine and evaluate the reasons to identify which are the ones that need to be addressed first.

·     The rising student loan debt has been a problem for the economy over the years. Report the various steps taken to tackle this problem by the following entities:

§ Federal or State governments

§ Universities and colleges

§ Individuals

·     The final step in wrapping up the assignment is to look at the pros and cons of various solutions that have been tried out.

§ Who should play a leading role in trimming student loan debt?

§ Which of the policies would be most effective in solving this problem?

§ Should absolute monetary limits be placed on the amount of student loan one can get?