My family did so, 3 times
The solution was to attend colleges we could afford, or postpone college (in my case graduate school) for work and get the degree while working to pay for it
of course all obama and his bride Lavaughn Robinson know is affirmative action and cheap gubmint subsidized loans so they could get what they think they were entitled to - Ivy league and Harvard Law school
stupid is as stupid does and 2 Harvard Law degrees were never wasted on less deserving characters. Somewhere in the world are 2 people who were not accepted to Harvard Law because these 2 self-disbarred idiots were
For the most part (probably 70 percent of cases)...most kids in America ought to start out at the local community college for at least the first year of degree work, and live at home for that year. I would also say that half the kids going to college for a four-year degree....will end up doing sub-standard work and earning an average amount of pay for the rest of their life. The idea that they’d be able to repay $75k of college debt is silly...they simply will delay buying a house until they are forty and put a minimum amount of money into IRAs/401ks for the majority of their life.
We have lost sight of what college is about and what it’s supposed to produce.