Student loan debt is now the largest consumer debt in the US$--$ $$1\mathrm{.}7$ Trillion, with the average student debt load of around $$40,000$ for students

who have already completed their education.

A student who starts out at a public Texas university with room & board for four years, will pay approximately $$120,000$ for a bachelor's degree.

A private school like TCU$/$SMU will cost in the neighborhood of $$320,000$ for that four$-$year degree.

I have personally counseled several students with well over $$100K$ of student debt, and at least two who had over $$200K$ of student loans, $($ this

amount will be almost impossible to ever pay off, as it will double every $8-10$ years$).$

How do you feel about student loans?

Do colleges and universities bear any ethical responsibilities in this student loan catastrophe?

List the strategies that a student can use to keep their total student debt under $$30,000$ for a bachelor's degree.

Site sources.