It's what happens when government guarantees loans for people who have no means of paying them back. -burn8
some day in 2075, some old geezer will be sitting on his porch, "I can't believe what these kids are paying for an education today. When I was young, we just filled out a few forms and they gave you 100 grand and you could get a four year degree and have it paid off by the time you were 50."
Thank you. We are not all the same. Not everyone should go to college. At least not the kind of college that provides a traditional baccalaureate degree.