I'm somewhat sympathetic to this position, but that's an unnecessarily extreme way of stating it. "Reasonable" is a weasel word. If I study for 4 years for a job in a lucrative, degree-requiring field with very high jobs demand when I matriculate, and I go into debt to study, is that "reasonable"? What if that field encounters a sea change on the year I graduate, or the economy crashes, leaving me with bleak prospects and debt? Does that make what I did "wishful thinking"?

It seems like that argument easily ends up in the "educations that require significant debt are always useless" position, which is false. Like, sure, it's easy to make fun of literature students who end up $200k in the whole with no marketable skills and no job prospects. But they are just a small fraction of the whole picture. A higher ed degree is by far the highest-chance-of-success way for a lot of people to make it financially (whether or not it should be is a separate discussion), and a lot of positions require degrees for good reasons.