Go here: https://www.elitepersonalfinance.com/average-student-loan-debt/
Look up the Historical Aggregate Student Loan Debt - Total Outstanding Student Loan Debt (Billions) Graph
Almost 300% increase in 11 years...nice.
I do believe there is plenty of blame to go around.
Gov’t: Easy money for anyone who wants to go to college
Colleges: Jacking up tuition due to easy money
Corporations: requiring a college degree for a $40,000/year job that one Excel class would be enough training.
Students: Poor decision making with respect to Major