Everybody knows buying a house is expensive. It's not a mystery. The costs are laid out there. But it's also quite easy to develop alternative paths to completing a transaction in a specialized form of finance and not get into enormous debt.
This is a significant exaggeration of explanation of what happened to the housing bubble which led to the 2008 recession. However, it is very well known that Universities have been in an "arms race" and chargning more and more for less and less relevant skills. For-profit colleges prey upon the weak, and that's why we have a Student Loan Bubble brewing...you know, because it's not like there are predatory lenders or marketing materials which lead impressionable people down the wrong path...