He had 4 years of lost wages + $65k in debt. When you're in college, you don't work. So, again, he's in much worse situation than someone who learns programming at home in 1 year.
And then there's the matter of a debt being an amount agreed upon by all stakeholders, whereas your "lost wages" are just a number you calculate in an arbitrary manner, which may or may not reflect reality. Maybe you did lose $65k by not working. Maybe if you hadn't gone to college you'd have been hit by a car and you'd have lost far more than that. Maybe you'd be unemployed. Who's to say?
Money is not money unless it's in your pocket (or bank account) or in an IOU.