Lets go forward to 2025. Tens of millions of Americans will owe $50k to $100k, and be in no position to buy a house until their late 30’s....and the first they go lose a job....they go into bankruptcy.
The guys who spent twelve weeks at diesel mechanics school, or a year at HVAC repair at a community college? They will owe almost nothing, and progress through to being the folks who can afford to buy homes.
There is something wrong here....it’s just that the media and the political establishment refuse to say such in public.
One of the things that’s wrong is that there is an assumption that if you have a lot of college educated people, the jobs needing a college degree will magically appear. Obama et al still yammer about everyone being able to go to college with the idea that jobs will create themselves for the graduates to fill. After all, it worked that way for him and Michelle.