I was fortunate enough to graduate from college with less than $20,000 in college loans. Working in the FAO I have come to realize that some students end up with college loans near $100,000 after their undergraduate education.
You may have seen or heard on the news lately that mortgage companies are under pressure with regards to borrowers not paying back their loans. I think that in the next few years educational lenders will be in the same spotlight for graduates going into default on their loans. Yikes.