Businessman with ball and chain "Student debt should not be a life sentence," college affordability advocate James Kvaal said. (Image: Shutterstock)

While some wealthy families, ensnared in a pay-to-play scandal revealed this week, have paid tens or hundreds of thousands of dollars to insure their child gets enrolled in the college of their choice, thousands more students are struggling to pay for a college education.

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Bernice Napach

Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.