There are two things here that really bother me.
1. Schools should be mandated to report outcomes for degree programs. I know that isn't the point, but it should at least be known. We have so much data, I should be able to see the expected salary of a major 10 years out.
2. It is clearly predatory that loans are given to students when we can guess that they will never pay it back. This follows from the first point.