<human>: Condense the text into a few key points

I keep reading about the astronomical student loans that a lot of you are building up. My father raised me to get an education, but to be smart about it financially.  So given the amount of money I had to work with, and the degree I wanted to hold, I went to a community college for the first 2 years, got my associates degree, then moved on to the University of Michigan.  I graduated with 0 student loans.

What is so horrible with going to a community college the first 2 years? Is it the lack of drunken parties? My local community college is respected by local employers.  Nearly all university's transfer the credits from this school.  The community college I went to is $2,400 for 36 credit hours(a year of school) for in state and $5,700 for out of state. (add in books and it's still very low).

If I had went to U of M for my first 2 years, the tuition would have been 10X the amount I paid.  U of M freshmen pay $25,204 in state and $50,352 out of state.
<bot>: Why are you taking out crazy loans and rewarding high tuition rates with you business instead of using community colleges/cheaper schools for your first 2 years then transferring?