Attending college? That should not be an offense to get deleted--particularly if it's your child(ren) attending. They made their decision--so why are the parents being punished?
The biggest trap of college is the debt. If you are planning on going, make sure you have a plan to pay off the debt or to pre-pay as much as possible to reduce or eliminate as much debt as possible. Otherwise, this debt can and will ruin your life. Also, are you going to college for 4 years to wash dishes? Too often, this happens even in the world. Research is the key here--obviously, if you can attend college with little or no out of pocket expenses (such as scholarships), I see no reason why one should refuse those scholarships and not go to college.