Two important dates that clarify your accurate observations: 2005 - As part of the 'Bankruptcy Abuse Prevention and Consumer Protection Act' student loans from

Two important dates that clarify your accurate observations: 2005 - As part of the 'Bankruptcy Abuse Prevention and Consumer Protection Act' student loans from for-profit and non-governmental entities were given immunity to dismissal in bankruptcy. [1] 2012 - College enrollment flatlined. [2] It's basic supply and demand. The widespread deregulation of university tuitions paired with lifelong debt even from private creditors removed all cost barriers to education. And so the only weighting factor in the supply:demand relationship was how many people were willing to take the poisoned fruits of ever-larger life long loans. And so universities kept ratcheting tuition up under spurious justification. Until the number of people entering university flat lined. [1] - https://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act#Dischargeability https://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_an... [2] - https://www.statista.com/statistics/183995/us-college-enrollment-and-projections-in-public-and-private-institutions/ https://www.statista.com/statistics/183995/us-college-enroll...