ROBYN BECK/Contributor/Getty Images Reid Clark, 57, unexpectedly became the sole provider for his five children. He took out parent PLUS loans to fund their education, and told Insider he now has $550,000 in debt. "I'm looking at paying $3,000 a month for the better part of the rest of my life," he told Insider. See more stories on Insider's business page. Reid Clark didn't expect to be providing for five children on just his income alone.Clark was preparing to pay for his five kids' education as part of a two-income family, but he and his ex-wife divorced in 2011.