The difference is nobody goes into $200k debt studying at the University of Phoenix, whereas people who go to lower tier Ivies on student loans and get less marketable degrees have literally sold themselves into debt slavery.
And talking about parents isn't helpful. Parents are the ones watching the State of the Union address where the President talks about higher education and competing with China and then go out in the town and talk to the other parents about where their children are going to college and what their children are doing with their degrees. Thinking that only 18-year-olds can be fooled into saddling themselves with excessive debt is nonsense.
Yes.
>And those people who sold themselves into debt slavery, by going to an extremely good school, may actually still hold jobs that will allow them to repay their loans eventually.
Well then, there's no problem, is there?
>Thinking that only 18-year-olds can be fooled into saddling themselves with excessive debt is nonsense.
At some point people have to think for themselves.