By Spencer Kashmanian, The American Conservative - To help cover rising tuition rates that continue to outpace inflation (college students) rely on one or more of the federal government’s six low-interest loan programs, adding to the $1.5 trillion of student debt already owed in the United States. Despite nine repayment plans, eight forgiveness programs, and almost three dozen deferment options offered by the government, most won’t be debt-free until they’re in their 40s.