If this is true reason, then maybe American students should go to India and China to get world class education. This way they will have much smaller debt and will get job upon return, or will they?
If our Governor had his way that would happen or at least we would adopt China's teaching methods. He sends his wife to China annually to observe their teaching methods to include into her "Early Childhood Learning Initiative". Thankfully we have a dedicated group of Republican women who dog this committee and has been successful stifling their influence. So far.
As far as getting a job, forget about it. Our state chased away Boeing and many other employers. Last I heard we are the #2 unemployed state in the nation after Oregon, another "enlightened" state.