Many students who have undertaken higher education in the last few decades and many more who will do so in coming years deal with student loans. For some students, borrowing for college may seem like the only option. Parents and other observers may assume that this debt-dependent financial aid system is in place because it is proven to be the most effective. Against a backdrop of rising indebtedness and the financial strain that often accompanies student borrowing, it can be hard for Americans to imagine alternatives. However, as two University of Kansas professors point out in a new book, the nation has policy options.