Thank you for this very easy to understand explanation.
I am not sure about all this stuff - I want to see the big picture and that means educating myself about things. While I don't know the answers on everything I do think something more manageable has to be established for Student Loans because that amount of debt that just seems to grow like mold with its interest rates is certainly part of the reason the auto and home buy markets are slow for large segment of our working population - the whole concept of Student Loans and College being mandatory (and i know smart people consider options, but many many herd members were sold that bill of sale the college is required for life success) needs to be addressed as a first step into this -

I personally always have the hairy eyeball on really big programs and changes because I just don't trust - (for example universal health care stuffs) - Lots and lots of options that are long term have to be considered we can't just go with what sounds good right now.