- The document discusses the impact of rising college costs and student debt on students and graduates, noting that total student loan borrowing has more than doubled in the past decade and many students take longer than 4 years to graduate, increasing their debt. - It provides strategies for students to minimize debt, including applying only to affordable colleges, taking AP classes, attending community college for two years before transferring, seeking scholarships, and working while in school. - The key message is that planning early and making informed choices about colleges and majors can help students avoid heavy debt and "borrowing from their future."