It's not. But the news is full of people who got degrees and giant college debt and it's a terrible anvil hanging over their entire lives. They can't buy a house or car (or its tremendously harder), the need to service the debt is a central part of their decision making.

If you want to look at it in another lense, it hurts our whole economy because many younger people in this group aren't able to help our economy grow through buying stuff like previous generations did. When I went to college long long ago it was really cheap, like $1000 a semester. The states stopped subsidizing it so much. I was a beneficiary of this.