If it is eminent you're better off stocking up on guns and practicing your aim. You can't hunt with a college diploma, and no one will have much use for accounting major bean punchers, sociologists, anthropologists, English majors, psychologists, philosophers (but again no one does in the first place), etc.. Doctors and medics will be much desired, and maybe engineers, little besides that.

Personally I think that its in everyone's best interest to continue this debt charade. Greece going bankrupt caused a ton of chaos, now if US were to go bankrupt that would be an absolute disaster, and other countries definitely don't want their own economies collapsing as a result. US will probably just keep accumulating debt to the point that we'll terraform Mars before being able to pay all of it off.