> if banks only loaned for the rate of return of a job, we'd have engineers and no one else. But is it really worse than the current situation - where people b

> if banks only loaned for the rate of return of a job, we'd have engineers and no one else. But is it really worse than the current situation - where people borrow to study something enlightening but economically questionable, and then struggle for decades as they can't pay the debts nor declare bankruptcy? I agree that studying arts is worthwhile, both for the individual and society as a whole. But there has to be someone to tell the 18-year-olds that they can't borrow $100k for it, or they are making things worse for themselves. Perhaps if banks adjusted loan amounts to potential future income, then arts faculties will be forced to lower tuition fees. And some students will correctly see that they just can't afford it - better to discover that before starting instead of after graduation.