College too expensive?

About one third of millenials think they would have been better off working right away rather than going to college because of the debt they incurred.  Student loan debt is now bigger in the U.S. than credit card debt, with 42% calling it "overwhelming."

Maybe demand for higher education is falling, because "288 colleges have so far reported that they “have space” for incoming freshman despite the fact that the “official” deadline for most schools has passed."  This author at Forbes thinks they all are willing to be generous with grants or scholarships, so new students and their parents should definitely shop around.