Munir Moon: About 6.7 million of all student borrowers are delinquent on their payments by three months or longer. Compounding the problem is that student debt cannot be discharged through bankruptcies.
Munir Moon is a social entrepreneur and is a former financial industry executive. He holds a BS in engineering, an MS in economics and an MBA in finance from UCLA. This article is an excerpt from his forthcoming book, "The Beltway Beast: A Challenge to Our Democracy."