Just like any money you borrow for what ever you buy you should have to fulfill you agreed upon terms. Many of the people going for higher education have no idea what they even want to be when they grow up. If you can't afford the high powered car or education then don't buy it. The same applies to education. There are plenty of jobs that don't require a college degree. Trade schools or more reasonably priced and more practical for some people. Everyone doesn't have to go to college.