Disrupting the student loan bubble

Published September 20, 2014 9:00am ET



In 21st century America, disruptive technology is all around us. Smartphone apps allow us to summon transportation at the touch of a button, to book accommodations in a stranger’s apartment, to arrange an impromptu dinner party with people we have never met and to navigate our way through unfamiliar cities without the need of a map or compass.

Of course, not everyone is delighted by these miraculous innovations. The people still doing business the old-fashioned way see technology as an existential threat, and are scrambling to find ways to defend their positions — typically through the use of government regulations.

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