I'm in agreement with you. Many of these kids should not be in this position, having debt to go to college. You don't have the money, don't go, or work your way through college. Parents should not be expected to go in debt for their kids to go to college. I worked my way through college, never asked my parents for money (Dad died when I was 19 and Mom was broke). I'm fortunate enough to have sent my kids to university, and they did me proud by excelling and graduating by 21 years of age.
However, I see other relatives and friends who are not so fortunate, and they're in debt but sending their kids to college, acquiring additional debt they might never escape. Some of these kids are unfocused and have been going for close to ten years with many tens of thousands of debt load. Sad situation.
See my post #38.
“Some of these kids are unfocused and have been going for close to ten years with many tens of thousands of debt load. Sad situation.”
That is a ridiculous situation; by the time they graduate the material they learned in the first five years is already obsolete. Some young people just want to prolong high school; parents that fund that are insane. I worked through school, and it made me get my money’s worth.