While some top tier schools are reducing the cost for low- and middle-income students, the fact remains that many families feel pressured to get their children into expensive universities in order to give that child a headstart on a career. But with tough economic times comes the reality that there are fewer loans for those willing to go into such debt.
Still, there are a number of successful people who don't go to Ivy League schools, or even attend a university. Look at Harvard dropout Bill Gates.
So, I guess I have a few questions: Do young people today really need to put themselves in a financial sinkhole to attend a top university? Can they be successful attending a less prestigious school? Or, is a college education even really necessary for success anymore? Will the day come when companies don't care about a university degree?

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