When we left for the mission field back in the day I had about $5000 of student loans to pay off, and my wife had none. I didn't mind the idea of just continuing to pay it off (I think the payment was $110 per month) but my wife felt it would better to use some of our savings to pay it off, so we did.
But I went to an inexpensive state university and lived frugally. What about students who go to private universities and maybe don't live so frugally? And what about the rising cost of higher education in the USA? They can accrue a very large amount of debt pretty easily. What then should missionary agencies do when one of these students approaches them and applies to be a missionary?
This timely article addresses some of the complexities involved and proposes a creative answer.
Check it out here.