[blindwatchmaker]

Excessive rents and debts are a drain on consumer spending and ultimately harm the economy. The root cause isn't greedy students wanting an education (weird way to think about it), but tuition costs ballooning out of control.

It's also increasingly harder and harder to default on student debt, with states forcing extreme measures such as wage garnishing and taking away people's driving licenses: https://www.nytimes.com/2017/11/18/business/student-loans-li...

Fully expect to see debtor's prisons back in vogue this century.

[Carlton87]

The root cause are greedy loan providers that know payment back is a sure bet. My 50,000 foot view of the problem is that it is far to easy to obtain a huge sum of money to go to school for a career with no job prospects. My solution would be to factor in degree and ability to repay, making loans much harder to get. Also, I would revoke many degree paths from the ability to get approved federal loans.

[mojomark]

This falls right in line with my thinking. I've listened to so many NPR stories about students suddenly realizing right at graduation that, "oh, holy shit, I have to pay $900/month loan payment!"

Just listen to this girl: https://www.npr.org/sections/ed/2014/05/02/308950755/tough-l...

[head slap] I could've had a V-8. Time to take some responsibility for your decisions.