@Ainz Ooal Gown
“Like an adult” is one of the most useless phrases ever touted out.
What does it even mean? If a person gets a degree that is in a worthwhile field, but because of circumstances outside of their control they end up defaulting on their loan debt? Are they suddenly not an adult?
Or someone under heavy debt has a medical emergency, or their field collapses? Or those in long-haul degrees that started out cheaper but whose price ballooned in the past 5 years (such as various polytech fields)? Are they less adult if they cannot pay back their debt?
Or those that were taken in by predatory lenders?
Point is, the system is far to flawed to continue going like this. Valuable degrees are locked behind ever increasing paywalls, trapping worthwhile individuals in untenable debt cycles that can delay their lives by years. Home and auto sellers are already sounding the alarm that traditional bastions of the US economy may incur intense slowdowns due to the younger generations being unable to purchase. Already there are 10s of 1000s of homes around America languishing on the market due to a generation with decreased spending power.
The system is broken, it needs to either be repaired or burned down.