That would not surprise me. One might be able to recover the cost of the education at a state university. I suspect the return on investment would significantly lower at a private school with higher tuition. My daughter teaches at a high school with many students from lower income households. One of the exercizes the class did was to have each student pick a career that interested them. They had to find the cost of the degree and the median salary. Next they were to make a budget that for their living expenses based on that median salary, including repayment of the student loans. It was an eye-opening experience for these students.

Higher education can be a ticket to a great career. It can be a cost it takes a lifetime to repay, especially if penalties and interest accrues.