I'm not advocating going into debt for a college degree.
Today's Colleges prefer that a student finance their education.
Try speaking with some of these kids. You might be very surprised.
For the last 5 years or so, College Counselors have been pushing kids into financing their education and a grad then ends up with an average of $50-$60K debit for a BA, (When their starting salary, in their career field, is approx 50%, or less, than their college debt).
Today?s College Graduates: In Debt and Unable to Find a Job
If you don't believe that college financing is a big business for American Banks look here;
StudentLoanJustice.Org
Today's Education System and ideologies have changed drastically in the last 30 years.
Today it's; "Finance everything, have a good time and not to worry about the college debt until a later date."