The College Loan Thing...

Grim makes an argument that this whole "Pay Them Back!!" thing is at least partially the fault of the FedGov.

 ...since the 1990s but especially under President Obama, the government made deals on how much former students had to pay that caused their loans to increase again. If you were in the Public Service Loan Forgiveness program and also Income Based Repayment, you weren't paying enough every month to pay off the debt in the 10 years it would take for you to get to forgiveness. Therefore, your loan balance continued to grow. You could have chosen a more expensive option, but since the government was promising to forgive the debt, why should you take money out of your family's pocket to do so? You were keeping up your end of the deal the government had made with you.

As a result of the first inflation, it now costs almost thirty times as much to go to college as it did in the 1970s. As a result of the second, people who owed X amount now may owe 2X as a consequence of keeping faith with the government....

 

Maybe.

 

But this is a VERY good time for the little darlings to learn a lesson which the Native Americans (and recently, the Ukrainians) learned the very hard way:

 

NEVER, EVER, EVER, trust the US Government.

 

NEVER.