Government has furthermore faced criticism for wielding such an extensive role in the education of young Americans.
The Case that Student Loan Borrowers are to Blame
Generally, there are multiple outlooks with each argument. Those who fault the students tend to note that taking out loans is a choice. Granted, there are other alternatives which exist, such as grants and scholarships. Parents moreover have the option of putting money aside to invest in the education of their children. Of course, not all elect to do this, which is not within the control of their children.
People who assign blame to the students have also stated that they should select better majors which yield favorable job opportunities. This argument has increased in frequency as there are more and more reports of college graduates taking entry-level jobs due to an allegedly dismal job market.
Regardless of who blames what, there is one ultimate reality. The reality is that countless young people are up to their eyeballs in student loan debt.
