Do people not see how dire this situation is? Hundreds of billions are burned without any return. Sure, plenty of people profit. But with such a big portion that doesn't, it's scary. That's 4 extra years that these grads could have spent contributing to the workforce. That's also billions of dollars wasted by government investment. It also shows that a large amount of people are easily willing to gamble on 50/50 chances, which might be more telling than the dollar amount lost. Is this a bubble waiting to burst? What would resolve this situation? I'm thinking that borderline students(those that are not already great academically) should probably just wait out the storm and go to college at the right time when a profit appears to be highly probable; certainly better than just a coin flip, actually, they should go when it's much better. Well, we wouldn't even know if this is a viable solution since people's tendency to overreach mean that not enough would listen. The advice is probably already out there.