Two things can be true at once. It is true that having a degree allows workers to demand a wage premium. It's also true that University degrees have seen heal

Two things can be true at once. It is true that having a degree allows workers to demand a wage premium. It's also true that University degrees have seen healthcare-like price inflation without a correlated wage inflation for degree holding workers. There are many causes of this, but two big ones have to do with rapid expansion of administration and pretending like the tenure system can sustain an exponential growth pattern which it was able to do up until about the 1980s. The latter trapped a lot of young people, particular in the science industries in low wage "grad student" positions which are never going to lead anywhere from a career perspective. The fraud is that they told the middle class this was their key to financial success, or at least financial security. And yet we're talking about a massive scale debt bubble that is holding back an entire generation of young workers. It was a lie. I believe they knew it was going to be a lie. But they also "knew" the taxpayer would be on the hook, so they didn't care. That's why I think the taxpayer should shove it back on the universities by holding them accountable for selling students a lie.