I'm sorry, but if you want to go to college, it's all a business. The experience you get, the paper you receive guarantees you nothing. You make college what yo

I'm sorry, but if you want to go to college, it's all a business. The experience you get, the paper you receive guarantees you nothing. You make college what you will. Banks and loan companies offer to lend you money with the intentions of running their own business. I graduated with $40,000 of debt. I got a job making $12 an hour as a programmer, way underpaid, and knew there was no way I was going to be debt-free ever, or so I thought. For a year, I did my best, got one raise, but I couldn't take it anymore, and decided to apply for new jobs, considering I had a college education, I had an advantage above many others. I applied and got 2 jobs. I worked about 18 hours a day for almost a year, and after all was said and done, it took me about 2 1/2 years to pay it back. After that, the IRS decided to come after me with a slap in the face asking for $6,000. I eventually paid off my student loans AND the IRS, and the next year after that, I ended up owing the IRS $3,000 more, but that is life and reality. I paid it off, changed my w4 so they take everything from me up front in hopes that I owe nothing anymore, and I am comfortably working in a job I love debt-free. Welcome to life. Defaulting does make you delinquent in the eyes of the law, or the loan companies, as well you should be. If I lent you $10,000 and told you I was charging you 6% interest, I'd expect to be paid back the original $10,000 I lent you and all the interest you accrued for each year you couldn't afford to pay me back. Welcome to the real world, my friend. Welcome to owning up to your responsibilities. Oh wait... you didn't do that. I do agree with you that education is overpriced and the value for your buck is insane, but people are paying it, and those who do, especially those who are studying the right fields of science, mathematics, medical, engineering, and computer science are coming out on top and making great money. With the exception of several degrees in which a further education is necessary, those who study anything else tend to find it harder and rougher to get jobs. Truth about the workforce is: YOU NEED SKILLS. YOU NEED TO FIND SOMETHING THAT MAKES YOU IN DEMAND! Unfortunately, the college degree helps you get into the door, but it's what you truly have to offer that brings you much further in life. In my case, I am extremely good at picking up new computer languages, from computer programming to web design. Add value to yourself by acquiring new skills and selling them to companies.