The bigger issue is that overpriced college educations turn out people who can't find a job. Many would have been far better off to start their working careers either straight out of high school or after some technical training. Colleges and universities continue to scam proud parents into sending their progeny off to school where they're charge exorbitant tuition so they can get a worthless degree and stand in unemployment lines. There is no incentive for colleges to hold down the costs because government loans and grants make it fairly easy for anyone wanting a degree in basket weaving to get one. Many of those loans are never repaid.