I agree. The student loan debt bubble is bulging and... can you foresee a bail out there too? We, as Americans, always bail out the elite. The banks... the automobile companies. Next up, in the batter box- Nelnet, Navient and all other student loan financial places.
Take that four year degree, get a minimum wage job and take 40 years to pay off. But wait! Those kids won't be paying off HIS or HER student loan... mommy and daddy will. I paid outright for my two daughters' and my own college degree. Six years worth of education paid for... by me.