[crote]

The debt will be paid when the person receiving the education is able to obtain a halfway-decent-paying job. If the debts aren't being paid, it means the education didn't result in employment.

Considering the whole point of education is to be prepared for a job, it means the education is not worth very much.

[ahartmetz]

Employment is not the whole point of education. The modern university started about 200 years ago in Germany with humanist ideals. An educated population was seen as a value in itself - many subjects taught weren't even very practical and that is still true today.