The solution to the student loan debt crisis is to get the government OUT of education not more involved:
1. Stop providing loans/financial aid to everyone. This creates the same type of bubble the government created in the housing market which burst in 2008
2. Stop telling every kid that they should go to college. Not every kid should. Most of the time, it makes their lives worse.
3. The government telling every kid they should go to school then offering them loans they can't afford saddles the kid with crushing debt and ultimately puts taxpayers on the hook to pay back what cannot be repaid by the student