Like so many things here, I think this is another case of monopoly. Accredited institutions can do whatever they want because there isn't enough competition a

Like so many things here, I think this is another case of monopoly. Accredited institutions can do whatever they want because there isn't enough competition and students are being taken advantage of (no one is giving them the right financial knowledge about interest rates and years of labor required to pay off the loan). Let's open up the playing field and allow more cheaper colleges like community colleges. And educate students about choosing those cheaper schools. Employers need to do their part too and stop being so elitist. Not every job requires a Stanford grad. And let's design the programs so millennials can still work and earn money durring the day and do some kind of part time bachelors program in the evening (that doens't take too much extra time). That way instead of going into debt, they can spend the time breaking even or even building up some savings.