Why student loans debt is a time bomb?

Student loans help your dream come true because studying at college is the most important turning-point of a child’s life. In many cases, children give up their college dreams because of financial pressure which is the alarming point of Higher education in the United States. Thus students who decide to continue their study have huge debt burden placing on their shoulders after college. College cost How much does college cost? This is a question without an exact answer because it depends on which college. According to National Center for Education Statistics (NCES), the tuition at a nonprofit private college in US is $36,300 and one at a public college is $13,600 for 2010-2011. We can easily see that tuition at private colleges is much more than the tuition of public colleges. However, it does not matter which kinds of colleges, the tuition still goes up every year which means it has inflation. Student