The class of 2024 is waking up from graduation to realize they are in a financial black hole.

"The cost of college has steadily increased over the last 30 years," notes recent Forbes research into student loan debt statistics. "In that timeframe, tuition costs at public four-year colleges grew from $4,160 to $10,740 and from $19,360 to $38,070 at private non-profit institutions (adjusted for inflation). As costs have risen, so has the need for student loans and other forms of financial aid." READ MORE