Well, first, students can’t do that anymore, restrictions were placed after the financial crisis of 2008. Second, those who have so much debt aren’t the students, but their parents, through “PLUS” loans, but the parents need to qualify each year and if they don’t, then what happens? The student has caused massive debt for their parents AND won’t graduate from the college.
Right now, the average student is 33k in debt (27k in loans over 4 years, but most students need a 5th year to graduate).
Look into all the colleges listed on this thread. Read their website, read the descriptions in “Princeton review’s best colleges” or the Fiske Guide or Insider’s Guide into colleges. Fill out the “request information” forms, flip through the brochures they send you. Run the Net Price Calculators for each and cross out those out of budget. Work hard on your ACT/SAT to get the highest possible score - you may need to take it twice or three times so budget that.