Posted: 12/7/2011 4:19:11 PM
I can't answer your question but the best route to go for college nowadays is STATE SCHOOLS. (And even they are relatively expensive) The private school tuition cost has spiraled out of control... paying $35,000 to $50,000 a year is just crazy.
Also a liberal arts major is a recipe for disaster. Degrees in engineering, medicine, sciences, etc are all still very good and lucrative degrees. Psychology, sociology, history, art, etc... are just asking for debt.
There should be no bailout for student loans, as people have to understand what they are getting themselves into... just like a mortgage on a house. If you can't pay it, why should you have the right to stay?