Taking a loan is not the same as able to afford it. 40% of the households with college aged kids earn less than 74k. https://www.statista.com/statistics/782411/parental-income-o...
Also it's insane to compare Elon's family with a Journalist. Elon's father invested $200k for 10% in his first venture while half the journalist earn less than 50k. https://www.bls.gov/ooh/media-and-communication/reporters-co...