This problem has been steadily building for more than a decade, and has gotten to be in a terrible way the past couple of years. When I graduated in 2004, job placement was at 20% for college graduates. That's down from 80% from only a few years before. Currently, 70% of graduated go back to living with their parents. It's not a crisis about to happen, it's already here. It's sort of like when politicians tried to spin that the economy was in a 'downturn', when it was in fact already in recession. The only answer is to forgive student loans, because the truth is that they can't ever be paid back. People are paying 10s of thousands of dollars in order to make minimum wage or close to it. They go into debt just trying to live ON TOP of the student debt they already have. This is an unsustainable loan issue that has proven to be broken, and it needs to end. Either create a free education system (which I would recommend), or only allow people that can afford to achieve higher learning without a loan to do so. Colleges constantly raising tuition during this crisis only makes things worse, and nothing is currently being done to help the people that the system relies on - the students.
