Almost everyone wants to go to a good, private college that has a good reputation and offers great education on whatever trade/major that you want to have, but private colleges such as Stanford University, Harvard University, and Williams College cost about $45,000 a year. Most people do not have this much money in their pocket or saved up, so this college tuition puts them in student loan debt. Although it is proven that college graduates earn more money than people who didn’t attend college, college graduates lose a lot of their money by paying off their student loan. According to ‘U.S. News & World Report’, “...the average bachelor’s degree holder takes 21 years to pay off his or her loans.” By 40 years old, college students should’ve payed off the debt, now they can work for 20 more years and save this money if they want to retire by 65 years old.…