As far as federal loans, it's completely true.
As far as any other loans, they aren't getting any of those either without the parent's cosigning. And I'm not about to cosign. I love my future kids, but I'm not going to be held responsible if they get $150k in loans for a liberal arts degree.
They are 100% fucked until the age of 26 when they are considered "independent" for the federal loans.
They will be fucked regardless of the stupid laws or requirements government forces down our throats.
Heck even if they go to college free of charge they will be fucked the way our government is spending THEIR money that they don't even have yet.
