[pjc50]

> rationally priced in their future earnings, they'd be in debt more often, for longer and earlier in their life

Future generations may not be offered a choice in this. After all, why should student debt start at age 18 and not age 5? Ouch.

[kamaal]

You have presented a good edge case. But consider this. If you wouldn't want to go into debt at age 5. Would you want do it at age 45/55?