There’s been a lot written recently about the cost of higher education and the growing
levels of student loan debt weighing down America’s young people.
This is a serious problem with a massive ripple effect on the financial health of the nation. [See: Why You're Broke - The Student Loan Burden.]
Many pundits have thrown out possible solutions to the problem, ranging from adjustments to loan terms and more public investment in higher education. There’s also been a healthy discussion about which colleges and degree programs offer the best value to students.
But there is one part of the equation that too often gets ignored in the conversation: parents. Continue reading