Messrs Orszag and Snower would allow workers to transfer any remaining balances in their accounts into their pensions on retirement.

ECONOMIST: Against the day when you lose your job

As the Obama Administration describes it, a borrower's repayments are "capped at 10 percent of their prior-year discretionary income, " with any remaining balances forgiven after 20 years.

WSJ: Review & Outlook: Obama's Student-Loan Props

There is no substitute for an entrepreneur remaining in touch with his or her business, and practicing effective checks and balances in the business.

FORBES: Tips for Payroll Outsourcing