Student Loan Debt Sets Record

U.S. Student Loan Debt Sets Record, Doubling Since RecessionBloomberg

What happened to parents saving up to pay for college? Is that not a thing anymore?

I don’t find it morally defensible to encourage a kid to incorporate academics into his or her life from an early age, to emphasize the importance of education, then when the kid is admitted to college to say “Congratulations, here’s your student loan application. Have fun paying that off till you’re 60.”

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