@thegudtam the loans themselves are only part of the problem. The bigger one is the ballooning cost of higher education and the cultural shift of everyone needing a degree for work. While I personally value college, I disagree with how they teach material as a platform for vocational training. A university should focus on teaching people how they learn, research, think critically, and expose students to depth and breadth of a variety of subjects that they might not otherwise.
@thegudtam when everyone, even if it doesn't fit, feels compelled to get a degree ... The university is over burdened to increase faculty and staff and thus cost. Grants have more competition. Kids, myself included, aimlessly float through taking the opportunity for granted. Maybe not all, but I didn't have the focus I did when I got my MS.
Mike Rowe has a good TED talk on how we are waging war on work. He is also a huge proponent for trades which I agree are important.