05/14/2012 08:23 am ET Updated Jul 14, 2012

Meet The Generation Hobbled By College's Soaring Costs

ADA, Ohio -- Kelsey Griffith graduates on Sunday from Ohio Northern University. To start paying off her $120,000 in student debt, she is already working two restaurant jobs and will soon give up her apartment here to live with her parents. Her mother, who co-signed on the loans, is taking out a life insurance policy on her daughter.

Read more on The New York Times