&gt;The quickest and most painful solution to the crisis would involve greatly reducing the amount of money that students can borrow to attend college.<p>Ya that won&#x27;t happen. The fed wants their share of the pie as well, and since you can&#x27;t get out of your student loan, even through bankruptcy, the government will eventually get their money back plus interest. There&#x27;s no incentive for the government to reduce it. If anything they&#x27;ll increase the funding so they&#x27;ll get more interest out of future generations. Also college being the de facto next step after high school it&#x27;ll be like this for at least decades to come.<p>You&#x27;ll have to be like the Japanese tsunami stone markers: &quot;beware of tsunami and don&#x27;t build below this point&quot;, and tell your kids &quot;beware of easy money and make sure it&#x27;s worthwhile&quot; but it&#x27;s gonna be pretty hard to go against the government system.