We hyped up college: It is your goal in life to go to send your kids to college. Everybody has to go to college. If you don't go to college you will fail.
Nobody talked about college as an investment: College isn't just another step in life. It is an investment. $75K for college makes sense if you will get a degree that enables you to get an income of $120K. It does not make sense to invest $75K in a degree that might get you an income of $40K.
We didn't tie the loan to the degree being obtained: Do we need workers with this degree? Is there a glut of people with this degree?
We hyped up college: It is your goal in life to go to send your kids to college. Everybody has to go to college. If you don't go to college you will fail.
Nobody talked about college as an investment: College isn't just another step in life. It is an investment. $75K for college makes sense if you will get a degree that enables you to get an income of $120K. It does not make sense to invest $75K in a degree that might get you an income of $40K.
We didn't tie the loan to the degree being obtained: Do we need workers with this degree? Is there a glut of people with this degree?
Etc.