"To parents and students alike, I have one, simple piece of advice when it comes to borrowing for college: Pay attention," ABC News reports. "It's clear to me from the volume of e-mail I received over the past week that too many college loan borrowers give too little consideration to the implications of signing on the dotted line. ... [W]hat was clear to me in reading more than three dozen e-mails about college-loan debt is that many borrowers - both students and parents - do not pay attention to the details of borrowing to finance a college education. Then a few years down the road they find themselves in a bind."