<p>*I’m still trying to wrap my mind around why a family would do this to themselves. I just don’t get it same as I don’t get all the starry-eyed students posting about going $100k+ in debt for their “dream school.” She most likely had far more affordable options (assuming she even applied to other schools, the article didn’t say) that made them a better choice than any UC. Why would anyone put themselves in this position? And why would anyone stay in it? *</p>
<p>I think there are just too many parents who have rarely ever said “no” to their kids. When their kids had their B-day or holiday lists, everything on the list got bought…even if money was an issue.</p>
<p>My MIL had 8 kids yet she NEVER said no about anything (and still doesn’t). Their Christmas tree looked like a Toys R Us exploded underneath with every gift from each child’s wish list. Unbelievable. </p>
<p>So, when such parents are faced with kids with college demands that aren’t financially affordable, they just look to the nearest loan and/or credit card to continue saying “yes.”</p>