Why Millennials Have Already Racked Up a Trillion Dollars in Debt

“While experts see this dedication to education as a conservative investment strategy, it might just be the result of an overly bloated market—and one that was not caused by healthy demand but by government’s obsession with making higher education a “right.”

ith its heavy-handed involvement in the college business, the government has created an artificial demand for college degrees that has pushed the cost of pursuing higher education to levels never seen before. Unfortunately, millennials grew up in an America where politicians promised them everyone had a right to a college degree. And by making it the government’s job to facilitate this process, these same politicians made young people’s lives a living hell thanks to their student loan debt.”