It's a delicate line to walk. If lenders thought twice before lending money for student loans, only the rich (ie: 1%) would be able to enroll in postsecondary e

It's a delicate line to walk. If lenders thought twice before lending money for student loans, only the rich (ie: 1%) would be able to enroll in postsecondary education. It might just be a lose-lose scenario for the 99% when college and university are expensive. We would all prefer that the population at large is educated, but when that education doesn't guarantee success in a career, who should pay for the failures? Now I somewhat understand the few countries who offer "free" education (ie: funded by taxpayers). The incentive should be to offer free education for degrees that practically guarantee employment benefiting society. If you major in something widely considered useful, enjoy your free ride. If you prefer to major in something wishy-washy as far as society is concerned, you can pay for it yourself. Such an ugly compromise. :/