Another cautionary tale for prospective students who think that borrowing huge amounts is worth it if they can attend their "dream school."
http://www.nytimes.com/2016/07/04/nyregion/in-new-jersey-student-loan-program-even-death-may-not-bring-a-reprieve.html
Usually I think that the onus is on the borrower (and family) to figure out how much it is reasonable to pay off in the future, but one family was allowed to borrow $832,395 with an income of $181,000 and a house worth $163,000. How is this even possible?
https://www.documentcloud.org/documents/2704376-2015-10-22-15-Minutes.html#document/p22/a279736
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