Student loans: Sallie Mae's ambitious, yet unrealistic plan

I know a lot about student loans. I sent one son to Princeton University and one to Berklee College of Music. And I sent myself to Temple University's graduate school when I was 40 – years after I majored in beer and boys at The Ohio State University.

I know how absurdly expensive college is these days and student loan rates are through the roof – some as high as 10.25%. That's why student loan maven Sallie Mae's recent move to make student loan debt more affordable so grabbed my attention.