they should pay off their cars with a 110% home equity loan from DiTech.
Not entirely so, the insurance company has to make you whole.
Sounds like the impact of the American public school system continues to change our economy. If you need six years to pay it off, lower your standards. If you still owe money on a vehicle, don't trade it in. Live within your means. And if that all sounds like Martian Talk then you too may be a product of public education.