It seems like there should be some sort of check in place for loans based on the expected income. If you're going to be a teacher, loans should top out at $30k

It seems like there should be some sort of check in place for loans based on the expected income. If you're going to be a teacher, loans should top out at $30k or some reasonable number. You can't get a $500k loan for a $50k house. It doesn't make sense that you should be able to get $100k loan for a career that won't likely be able to repay. Prices for degrees should be in line with the career. I've noticed that young students have to make these choices about loans right out of high school, but we don't really force them to calculate their starting salary and payments until it's time for graduation. It's like pretend money at that point for all of us and of course we all think we'll be the next billionaire anyway.