Self-made millionaire Grant Cardone says most people should forego college.
"We have $1.3 trillion worth of college debt," he tells CNBC. "We have more college debt in America than we have credit card debt combined. It is a crazy program."
What's "insane times ten," however, is when parents cover the cost of college, Cardone says. "If the kids want to go to school, [have them] go get a job, get some money, save some money and go buy the school that they want to go to."