The loans are foisted on people who aren't even trusted with the decision of whether or not to drink alcohol. It's predatory, and at the same time the cost of education has absolutely skyrocketed. Baby boomers could emerge debt free from college with a minimum wage job. If they ended up with loans they couldn't afford, they could declare bankruptcy.

The baby boom generation pulled up the ladder behind them, and is now pouring boiling oil down on the generation trying to catch up.