In class we discussed the concept of wage differentials.Historically, a correlation has existed between educational attainment and income level.Acquiring more education (human capital) has always been promoted as a means of escaping poverty.Unfortunately, due to rising college costs, students have taken on unprecedented levels of student loan debt.You will research (with a minimum of three additional resources) the "student loan bubble" and proposed solutions to assist the impacted economic actors.

The paper should address some of these main issues:

• Rising college costs and the reason for them.
• Is a college degree still worth the investment?
• What has been the trend in student loan debt over time?
• What are the individual and societal consequences of excessive student loan debt?
• What are some current proposals or programs aimed at solving the problem?
• What are some counter-arguments against student debt forgiveness?
• What responsibility should be borne by the borrower for the problem?
• Should college be reformed and if so what a reform look like?