Comment Re:You think the housing collapse was bad (Score 1) 917
It's also possible to become a billionaire in your lifetime. Just because some people have the right set of circumstances to achieve that doesn't mean everyone does.
Your comparison does not fit at all. There are decent colleges everywhere (and not the crappy ones you see advertised on TV). If a kid lives at home and works part time he/she should be able to get a degree and not have very much debt. That's what I did and finished my 4 year degree from an accredited school with about 9k in student loan debt. It's possible and not really that hard, but kids need to understand that the 'college experience' of living away from home while taking a few classes and getting drunk every night is very expensive and not the best investment of your time or money.