Students' loan defaults

Offering low-interest student loans to those who cannot afford a college education is an essential guarantee of equal opportunity.

Despite the recent climb in jobless new college graduates, a college education remains an important bridge for rural teens to cross the deep and wide urban-rural divide. It is also one of the few possible paths for urban underdogs to change their lives.

Parents seldom hesitate to tighten their belts to make sure their children do not let go of the possibly life-changing opportunity. The government has now helped them with the student loan programs.