Student debt a 'life sentence' for millions

LOS ANGELES - Haley Walters is five years away from earning her law degree. If everything goes according to plan, she will be under a mountain of $100,000 in student debt by the time she enters the work force.

Like millions of people in the United States, Walters is paying a steep price for an education that will likely weigh her down financially for much of her adult life.

"I think the student debt crisis is truly a life sentence," the 19-year-old Californian said.