Some of the Proposals for Tackling Student Debt

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  • Refinancing at Lower Interest Rates
  •  Federal Student Loan Refinancing Act
  • Student Loan Borrowers' Bill of Rights Act
  • Students Should Know Their Rights
  • Student Investment Plans
  • Reducing Student Debt
  • The  Pay-As-You-Earn Repayment Plan

Student Investment Plans

Sen. Marco Rubio, R-Fla., has called for "student investment plans." Private investment firms would cover tuition costs that could be repaid later as a fixed percentage of a graduate's income for a set number of years, regardless of whether that amount covers the total debt. Rubio said that he still owed more than $100,000 in student loans when he became a senator in 2011. His office said he repaid his student loans in December 2012 with proceeds from his autobiography..

(Photo: Alex Wong/Getty Images)

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