Sometimes it is good to be an outsider. I consider myself to be an armchair physicist and cosmologist, but not an expert by any means. I just know enough to write science fiction. I definitely am not adept at the higher mathematics needed to work the calculations, but fortunately there is more to these sciences that just math. Most of it is quite easy to grasp and understand even without the math.
One area that has come to my attention is the ruckus over black holes. On one hand you have Stephen Hawking who at first said matter is destroyed in a black hole. Then you have his detractors who said that violates the principle of conservation of information (meaning that if you could reverse the process you could recreate anything that appeared to be changed or destroyed). On top of that you have the larger work of all of physics. Hawking has since come out and said that because of something he thought of that matter is both destroyed and not destroyed. Another physicist postulated that the when a black hole takes in matter that it's size changes and because of that an image of anything destroyed is preserved thereby allow the retrieval of the information.
I find it all a bit ridiculous. These people are so focused on studying black holes that they are ignoring other areas of physics that already have the answer. The secret to the answer came to me when I read Michio Kaku's Hyperspace. In there he revealed that the mathematics of both black holes and the singularity behind the big bang resulted in the same unsolvable mathematical riddle. I haven't looked it up lately, but I believe it was the square root of infinity.
So the answer of what happens to matter that enters a black hole is that it returns to whatever state it was in before the big bang (or the early stages of the big bang). Therefor no information is lost, but the matter ceases to be matter. String theory has some good answers to what the sequence of events was that led to the creation of matter so it would just be reversed in a black hole. Rather than a string cooling and resonating in our space and creating a particle. The particle warms up so much that the string can no longer maintain the particle and the particle disappears leaving the string to do what it did before it created the particle in the first place. From simple 4 dimension physics, the big bang created matter and black holes destroy matter. When you add the proposed additional dimensions of String Theory, there is a source for matter in the big bang in a black hole it just returns to that source. No need for crazy theories or to grasp for straws. It all makes sense and there is no need for controversy.
I've noticed that this focused (a polite way of saying narrow minded) approach is pretty typical in higher academic circles. I've seen it in history, Egyptology, physics, and a few other subjects. Solutions that seem so plain to an outsider are missed by the pros. I think that is why it is the younger generation who always make the leaps. Einstein made the leap to consider time a variable dimension. Hawking made great leaps in understanding black holes. Both men have failed later in their careers to make the same kinds of leaps of logic that they did when they were younger. They built on their initial success, but were never able to expand on it. I look forward to seeing what the next generation of physicists and cosmologists come up with. I'm sure it will be amazing.