You know…some families (we were one) flatly refused to take out any college loans for our kids. We would not cosign, or take them ourselves.
We didn’t really have an affordability issue.
But there are families who just do NOT want to take $200,000 in loans out for,a kid to,attend a “dream school”. And in most cases, these kids have more affordable options.
It’s not CAN’T take out loans…it’s WON’T take out loans.