That guy is full of shit. If he made his payments on time since graduating 8 years ago there is no way possible his debt INCREASED by tens of thousands.
This is true, but we must remember that many of these kids are just that, kids. They're going to believe whatever the admissions rep tells them to do. This is especially true if they come in with little or no parental assistance. Also factor in that a good percentage fall into the 2.7GPA or there about. The admissions rep looks at that and suggests an easy schedule for the freshman year. What kid doesn't want that? He/she also finds out that the easy schedule allows for easy passing grades? What kid doesn't want that? Assuming they don't drop out after a semester or two, they find themselves with no major, a bunch of worthless classes, and should they decide to stay on they end up with a degree in some nonsense, and now tens of thousands of dollars in debt with a worthless degree and zero marketable skills. Yes, they shoulder much of the responsibility for this, but the schools are also in it neck deep. The system is broken and I don't think we the taxpayer should have to bail it out, certainly not without some major institutional changes to the system.
