Hello May I Assist You in Taking on a Lifetime of Debt?

They are being made required because they are a free filter for hiring departments in companies. Between that and a combination of the facts that most hiring departments seem too understaffed or lazy to actually try and vet candidates, and that if a dud is hired you can use "But they had a college degree" as a defense, you get situations where companies are requiring you to have a college degree just to work in a call center at 12/hr

No wonder that kids are starting to call the bluff of the system and burying themselves in youtube and computer games. By all the measures of the people around them, they are either going to be failures or spend the rest of their lives working for the man, so they may as well cut to the chase and fail without even trying.

Then you get the sad statistics of the kids who decide to end it all once they realise that the myth of success is impossible and have nothing else to fall back on.

If you won't take a loan, someone will. They will have an education, you will not, so you lose.

Normally (without student loans) it would be: you can pay more, I can not, you win, I lose. Though luck. But at least both of us didn't take loans.

Any time government "subsidize something" they just raise the price, for the benefit of the provider of that something, not the consumer. If government provide loans, they additionally subsidize it from your own (instead of general taxpayer) pocket.

It's a government-run fraud. I can't believe Americans can't see through it and are not rioting. It's a systemic abuse of your own population to benefit the elites.