Notably, if tuition slowed down (forcibly, incentivized, or through other methods) this would also alleviate the problem. Since the late 70's / early 80's, its

Notably, if tuition slowed down (forcibly, incentivized, or through other methods) this would also alleviate the problem. Since the late 70's / early 80's, its been rising at 3-3.5% above inflation every year. Median income has basically just tracked inflation. So the relative cost has effectively more than tripled for normal folks. https://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/05/Income%20vs%20tutition_0.jpg https://www.zerohedge.com/sites/default/files/images/user5/i... Even if we allow people to discharge loans, we can't keep giving them the loans in the first place. Paying back school costs that in inflation adjusted terms almost quadruple what your parents paid is not feasible unless real, after inflation incomes are quadruple. Which is almost, by definition, impossible. IE, education costs really need to be flat with inflation for this system to remain stable. Right now we have behavior that looks more like speculation. Admittedly, its kind of self correcting. You have more debt. Take longer to pay it back. Work longer before a family is an option. Can afford to have less kids. Can afford to help them with college less. Or ... someone comes along with a needle and it all deflates - likely rapidly. Unfortunately, in the middle there we have an Idiocracy situation, with a whole generation of indentured servants trapped through debt bondage.