My parents essentially did this to me, but I don't really blame them and will probably do the same for my kids.

Not everyone should go to college, and if you do go it really better be worth the investment. I chose to go to community college and transfer, and I ended up finishing college with no student loan at all because I worked through my two years in community college.

This was largely because they taught me to value the ROI on any investment. I not only don't think they did anything wrong, but I think those lessons are much more valuable, because the stress of college payments was on my shoulders, and thus I had more personal investment in succeeding.