I hear this stuff but this is ignoring so much. My wife works in medical/nutrition and had to have a masters. She went to EKU. Her debt is like $50K in student loans. That's not Gender Studies. That's not going to California to study liberal arts. That's a smart degree to get.
There's so many issues here. One, this isn't someone taking out a credit card and spending it on dumb shit. It's a mixture of so many things. One, predatory practices in targeting 18 year olds with massive loans after a lifetime of brainwashing of "You're going to be a loser if you don't go to college", a system that makes colleges the gatekeeper to being able to work in a field, insane costs from bloated universities, etc.
We don't even let 18 year olds buy a beer or rent a car yet we just sign off on massive student loans with a false promise of a good ROI for most?
Regarding the costs, we just gave $33B to Ukraine. We give billions and billions in foreign aide (after just printing money like crazy) but we're gonna scoff at this?
There's a good compromise possible as opposed to just doing what's the normal conservative thing on this topic which is a big middle finger and saying it's your problem or the opposite spectrum is just making it go to zero.