“Some schools, such as the University of Arizona, have designed programs teaching students about the costs and benefits of taking out student loans and the long-term impact borrowing has on life decisions.”

Unfortunately, if you have to go to the school before you can get into the “loan education” program the damage is typically already done. Perhaps we should be adding that the high school curriculum. I’m not talking about a whole year long course. Maybe just a day or two. Along with how to balance your checkbook, make a budget, and the benefits of saving and investing.