We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
My house is worth less than when I bought it, and now I'm uncomfortable with it, so can I renege on that? Surely I have the 'right' to a free roof over my head as much as they have a 'right' to a free education?
Not to be serious but, 20 somethings could give a s**t about credit ratings and how the "man" intends to collect. They know that the boomers stole their inheritance and they have no intention of paying back their debt. Yeah, maybe the Brown and yale grads have good intentions. Take a look at all the liberal art majors from BU, BC, Northeast, etc... they don't stand a chance of re-paying.
Boomers are screwed in their retirement. Guaranteed income whether from houses, student loans or sovereign debt is a thing of the past.
You seem to overlook the obvious:
When debt wrecks enough lives, a populist politician will propose either forgiving all debts or government payment thereof.
A people trained to get everything for nothing (example: World Wide Web) will act accordingly.
Still think those Biblical principles are outmoded?
The author neglects to note the primary driver of increasing higher education costs: if you pay for higher costs (through taxpayer subsidized and guaranteed student loans) you will get higher costs. You always get what you pay for.