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Message: [QUOTE="MadDogRevival, post: 2510409, member: 8028"] BS. The only thing that has allowed college education to get to where it is is the Fed grants, Fed subsidies, and Fed rule that student loan debt is not dischargeable in bankruptcy. If your average 18 year old (or his/her parents) had to plunk down 30k a year to pursue a degree in (----- studies, sociology, psychology, journalism, art, history, and any one of dozens of other non-job producing majors), they would just make the rational decision to not go to college for oversold degrees. If your average bank wasn't guaranteed a judgment against non-payors, with their loans subject to chapter 7 discharge, they wouldn't go near financing those pursuits. [/QUOTE]