[ClassyHacker]

>The quickest and most painful solution to the crisis would involve greatly reducing the amount of money that students can borrow to attend college.

Ya that won't happen. The fed wants their share of the pie as well, and since you can't get out of your student loan, even through bankruptcy, the government will eventually get their money back plus interest. There's no incentive for the government to reduce it. If anything they'll increase the funding so they'll get more interest out of future generations. Also college being the de facto next step after high school it'll be like this for at least decades to come.

You'll have to be like the Japanese tsunami stone markers: "beware of tsunami and don't build below this point", and tell your kids "beware of easy money and make sure it's worthwhile" but it's gonna be pretty hard to go against the government system.