I don't believe its so much as university credentials but the question of where you get those credentials. Effectively the government has created a system that

I don't believe its so much as university credentials but the question of where you get those credentials. Effectively the government has created a system that allows educational institutions to withdraw tax payer money through a backdoor. These institutions will help you fill out your student loan applications, get the money from the government and then it doesn't matter whether you fail, succeed or drop out. The educational institution has your money and now you owe the government to pay it back. With the changes brought on via the Bush administration, the student loan debt is no longer even allowed to be discharged at bankruptcy. The only time the debt is forgiven is if you die or are disabled and unable to work to pay. This change has brought on this incredible education bubble where you could spend over 100K on a liberal arts degree. The only way to fight this is to make a conscious decision of where one goes to school. If you are able to afford a $100,000 degree by paying for it in cash or via scholarships, then good for you. Otherwise, if one is going to go and get a computer science degree (as an example), does it make sense to go the "prestigious" university that is out of state with the $80K tuition funded by student loans? Or is one better of going to the local university which charges closer to $20k to $30k. If one is taking student loan's for the local university, the burden is somewhat manageable. I believe the media and the culture has made an impression on everyone that going to the "best" university regardless of cost is the most wonderful thing a young person can do for themselves. I believe in universities. I just don't believe anyone should be encouraged to pay extortion prices to get an education. The current bubble in education costs is extortion, pure and simple.