DEBT TRAP 6-34-HD12RA Their choices of color

Their choices of color

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DEBT TRAP 6-34-HD12RA Their choices of colorIn 1982, a new executive at Sallie Mae took home the company's financial documents to review. ''You've got to be shitting me,'' he later told the company's CEO. ''This place is a gold mine.'' Over the next four decades, the student loan industry that Sallie Mae and Congress created blew up into a crisis that would submerge a generation of Americans into $1. 5 trillion in student debt. In The Debt Trap, Wall Street Journal reporter Josh Mitchell tells