Recently, a big lender of student loans (JP Morgan) has exited from the market because of rising student loan defaults.  This is the sign that everyone has to pay a close attention at. Linking this retrieve and the analyses that we have done (click here), it apparently paints a bleak future that the student loans problem can be solved without leaving a trail of wreckage.  The current loan default problems may lead to many US colleges’ closures with potential devastating impacts on the financial market as well as US economy, employment and everything else.  It may trigger financial crises globally as well.  Please let us know what your guys think?