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Just get to know the folks working at your nearby Starbucks and you can visualize half a million in school debt right before your eyes. I guess I shouldn’t have been surprised, but I was that the largest asset held by the Fed govt is school debt. We are devolving into a service oriented society, in which no one will be able to afford those services in a generation. We are no longer thinking college is mandatory for our kids. Find something you love to do, because then you never have to go to “work” everyday.

We are no longer thinking college is mandatory for our kids.

Thinking all kids should go to college is a fairly recent mistake anyway. Prior to WWII families didn't really expect their kids to go to college unless they showed some particular aptitude or wanted to follow a parent into a career that required college.

In fact, a good many of the high tech jobs that require a degree, really don't. I'm a high school drop out and I learned to program, maintain, and operate the robotics required for my former job.

College should be for those who can afford it without any state or federal help and the very best and brightest students. Cutting out all the students who shouldn't be there will help to put our colleges back out on the cutting edge of science and technology.