Also, student loan debt is about to surpass most other forms of loan debt. Why would someone under water in student loan debt take on a home loan as well?
No doubt about it. Colleges and universities need to see a consumer revolt forcing them to change or close down and that includes Ivy League. The non essential {indoctrination} classes need to be ended and education focused once again on career training. IOW cut out the P.C. make some tenured idiot liberal agenda professors a career crap.