There’s only one answer to the skyrocketing college debt problem in New Jersey. It’s actually the answer to the skyrocketing debt problem all over the country. We have to start looking at college as just an option. At least in the case of the traditional four year degree.
Only people who can afford it should be purchasing this luxury item. We’ve learned nothing if we haven’t learned over the last 10 years what the consequence of being extended too much credit is. When the government extends you credit for a college loan, it is licking its chops and rubbing its hands together as it is the absolute best deal they have ever made.