CREDIT CRUNCH?

We've learned a few lessons about unsustainable credit during the Housing Crash. Isn't it about time these financial realities were applied to the costs of a college education?

Tuition has been rising at more than double the rate of inflation for decades now. The only thing keeping the cost of college so high has been the apparent endless willingness of families to take out larger and larger student loans and for students to mortgage their futures.

Should a young person be enslaved by debt for decades, simply to get a toehold in the workforce?

Was it access to easy credit that made this happen?

Will the credit crunch finally make access to student loans difficult, if not impossible? Could this finally put a limit on the ever-spiraling cost of college tuition?