How would you solve the student debt crisis?

[MK]

First, it's not a crisis.  Second, I would stop telling kids that college is the best thing to do after High School for everybody.   Third, I would encourage kids going to college to NOT take out excessive loans.  You can be poor and graduate college without stupid amounts of debt.  People do it all the time.  Yeah, it will be harder and maybe longer.  So?  Will it be harder than making loan payments for the next 30 years?  Probably not.

This is what really needs to be said ,but sadly we become the facebook nation were college has to be on your list of requirements.   

No, they shouldn't be bailed out for making a foolish financial decision.  I make 30k a year and I decide to get a auto loan on car thats 50K should I then be bailed out because now I'm up to my eyeballs in debt?     

[MK]

Offer free education in public colleges to degrees with a clear future in the work force, if they have the necessary SAT points, and leave private colleges to the rich and the stupid (or lazy). In a generation you have gotten rid of all of the bad colleges, and you only have the public and the best private colleges left, and any debt people have is their own fault.

Right direction here. Local tech schools and colleges should go back to offering job related training courses(free) for jobs that are locally in need.   If you desire to get higher more advanced education then that's on your tab.