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That is what happens when the college loan companies have been bribing most of the financial aid counselors in all the colleges.

Indeed. The Financial Aid officers encourage people to take out the absolute MAX that they can --- whether they need it or not. ("Oh, tuition is only $3,500 for the semester, but you can get six thou!!") Most families do -- without thinking ahead to the fact that they will have to pay it back eventually.

It's not just student loan debt, either. Most campuses invite the credit card leeches to set up tables -- "Get a free t-shirt when you apply!" -- and students get hooked on "free money."

One of the female freshmen in my class last year racked up five grand on a citibank credit card (with a 29% interest rate) because it was "free"money. Some of these kids are so financially inept it hurts to look at them, and some of their parents aren't much beter.