Favorite quote:
"Some 70% of families don't even consider a student's likely post-graduation income when deciding how much to borrow for college ... and 40% said they paid no attention to cost in searching for a college."
What were these people thinking? These are their own children they were sticking with debt. Part of being a parent is teaching your children basic financial management.
It's likely that they have placed their trust in the schooling of the state and they probably bought the new version of Monopoly for their kids.-- The one that has no cash, only credit cards. Marketing cradle to grave.
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