Is student loan debt a ticking time bomb for the next generation of leaders?

Posted Jan. 24, 2011, at 2:26 p.m.

Maine’s statewide average debt for the Class of 2009 for four-year degrees was $29,000,

third-highest in the nation. Is this too high for the next generation? Will it hamper young

men and women from pursuing the careers for which they are best suited? Will they be

discouraged from taking risks, such as those associated with starting businesses, because

of the debt? Will they be forced to take jobs that pay well, as opposed to their true

callings? What can Maine government do to ease this burden? What about on the national

level – should more student aid and more assistance in repayment be available?