&quot;A report issued late last month by the Consumer Financial Protection Bureau supports this view. Even though the economy and labor market have improved, student loan borrowers are experiencing high distress levels compared with borrowers with other types of consumer debt, the government report found. More than one in four student loan borrowers are delinquent or in default on their obligations.&quot;<p>1 in 4 are delinquent or in default. Read that again.<p>This situation is a failure mode, and is only fail-safe for the lenders who forced it there. This means that on some level, the lenders knew their interest rates were impossible to keep up with, yet knowingly went forward anyway because they knew they could get away with it. The USA&#x27;s system is utterly  bought out against the common good. At this point, I think we&#x27;d be better off with a widespread boycott of student loan payments in order to bankrupt the lenders. They can&#x27;t call collections on all of us, and there would be riots if they tried.<p>I know that a lot of people are jaded as a result of societal failure to address the student loan crisis. These intentional failures for the sake of profit have long term consequences, as nearly everyone can blatantly see.<p>&quot;Some 41 million Americans owe $1.2 trillion in student loan debt. The median debt burden among borrowers was $20,000 in 2014, up from $13,000 in 2007.&quot;<p>This is an entire generation worth of people that have been cursed to start their adult lives with an anchor around their neck. As though the brutally competitive ultra-hostile economic depression they graduated into wasn&#x27;t enough to weigh them down to begin with.<p>To top it off, the boomers find a way to hold us in contempt.