Times Union:  “At New York’s colleges and universities, the arrival of a new school year brings anticipation tinged with anxiety. For many students, the second emotion is prompted by one nagging question: How am I going to pay for this? . . . As of July 1, HESC listed 145,437 accounts with $1,983,922,931 in college loans that had gone into default.”  That $2 billion consists only of money owed to schools in New York.