borrow more for their education. >> how do you see this -- if we don't get this under control, how do you see this affecting the economy on a whole in terms of negative impact. >> student loan detd death is a macroeconomic factor. it causes families to delay life cycle events, be getting married, having children, saving for their children's education, saving for retirement. more students are opting for 20 or 30-year repayment terms which means they'll still be in debt when their own children enroll in college. very worrisome. >> what can students and parents do to possibly prepare for this? >> several things you can do. one is to go to a less expensive college, an in state public college. the lower of tuition the lower the debt at graduation. you can save before congress. it's cheaper to save than to borrow. you can search for scholarships