I would have paid hundreds of thousands for my Physics degree if they'd have loaned me it. The thing is that it makes sense if the degree leads to a dramatical

I would have paid hundreds of thousands for my Physics degree if they'd have loaned me it. The thing is that it makes sense if the degree leads to a dramatically higher income and you actually use the chance. If I'd stayed in my hometown instead of moving to London, it'd still be worth it, but probably to the tune of 100-200K. All of these numbers are probably lower than the benefit I'm likely to derive over my working life but 18 year old me would have risk adjusted. Across the population of course, the balance changes dramatically, because huge numbers of people are terminally skint, working unskilled jobs, etc. Most people probably shouldn't get a degree. Who actually wants to be 'most people' when they're an 18 year old?