Quote from RichardRimes:
No it doesn't. Community colleges are relatively inexpensive and poor students CAN get grants for much of the tuition which doesn't need to be paid back. They can WORK to support themselves.
I worked 40 hrs a week and carried a 12 hr course load in college. There was/is a whole generation that did the same. I do think loans are important but should be taken ONLY for tuition....NEVER NEVER NEVER as a means of support ..that is where the student gets into trouble. Live at home, work, and go to CC for the basic 1 or 2 years. If you are doing well and know what you want after college then get a loan, scholarship and move to a 4 yr degree program.
The real scam is these 20 and 30K programs for "medical assistants", cosmetologist etc......make me sick.