Is student loan debt the next economic bubble to burst in the U.S.? Will most of these studious young adults ever find the kind of employment commensurate with their degree or the amount of money payed/borrowed to obtain it? Will college costs revert to pre-easy debt levels? Yes, maybe and not likely. We (Sonya and myself) are at the stage of life to have seen two kids through college age. Our oldest used a combination of cash and scholarships to finish a 4-year degree in philosophy with no student debt. Our second born attended college for a couple of years before changing directions and entering the workforce. (More on that later.)