Median student loan debt is about $25,000 dollars.
That's a lot, but not so much that it wouldn't be covered by a very modest increase in lifetime earnings.
The mean is closer to $40,000, which is still going to be covered by a modest improvement in earnings.
I think we should be working on changing things so that students graduate with less debt, and working on ensuring that time spent studying is worthwhile to the individual, but it's weird to treat extreme cases as if they are universal.