Why the dentist with $1 million in student debt spells trouble for federal loan programs - Adam Loone, Brookings

A recent Wall Street Journal article tells a startling tale of a University of Southern California dental school graduate who owes more than a million dollars in student debt—a balance he will never fully repay. While he is exceptional—only 101 people out of 41 million student-loan borrowers owe more than a million dollars—his case highlights the flaws in a student-loan program that offers graduate students and parents unlimited access to federal loans and generous repayment plans. The result: Well-endowed universities and well-paid, well-educated borrowers benefit at the expense of taxpayers and less well-off students. https://www.brookings.edu/blog/up-front/2018/05/30/why-the-dentist-with-1-million-in-student-debt-spells-trouble-for-federal-loan-programs/