CHART OF THE DAY: Student Loan Debt is Skyrocketing. “I understand why this has happened, and I understand why it’s hard to get a handle on, but we’re going to regret it if we don’t do something about this. We’re training a whole generation to be wary of going to college, and for those who do, we’re forcing them to start out their lives living under a mountain of debt. . . . It’s also yet another fault line between young and old that’s not likely to turn out well. My generation got a cheap college education when we were young, and we’re getting good retirement benefits now that we’re old. Pretty nice. But now we’re turning around and telling today’s 20-somethings that they should pay through the nose for college, keep paying taxes for our retirements, and oh by the way, when it comes time for you to retire your benefits are going to have to be cut. So sorry. And all this despite the fact that the country is richer than it was 50 years ago.”