Everything in the world of education is a la carte. The only other place this happens is in five star restaurants, and if you are not willing to pay the price, most of the time you simply do not go in. It is impossible to get by in today's world without a proper education, however, and the people behind the rising costs of education know this.
How Does Student Loan Debt Start?
No debt starts out as a huge, unmanageable sum. Everyone goes into their college or university thinking that they can handle the debt with a work study program, a few good loans and perhaps a lucky grant offering. People tend to place themselves in the best case scenario when the potential for debt gets large, and this is the first step to financial failure.
A la carte dinners start off with a relatively inexpensive appetizer. However, you are immediately pressured into getting all of the extras that go along with the first dish; otherwise, you miss out on the "full experience." Because you are already in an overly positive mindset about your financial situation and your money is not officially used up yet, you overspend at the beginning of the process for things that you do not need.