"I'd venture that no matter what else an education provides, if it does not enable a graduate to repay their loan, it is non-sustainable. (Whether you want to use "good" or "bad" here is up to you)"
Your reasoning here doesn't make any sense to me, are you claiming that if a student takes out loans in order to pay for an education in basket weaving. Then fails to earn enough money by applying their acquired expertise in basket weaving to repay that loan. That they educational institution was at fault here?
Not at fault, just not sustainable. As in, if the students can't make enough money to pay the school, the school will go out of business. Less drastically, if a student knows they will have to take a job doing something else to pay off the basket-weaving-school loan, they will not pay thousands of dollars to learn something that can't make them that money back.
Your reasoning here doesn't make any sense to me, are you claiming that if a student takes out loans in order to pay for an education in basket weaving. Then fails to earn enough money by applying their acquired expertise in basket weaving to repay that loan. That they educational institution was at fault here?
Not at fault, just not sustainable. As in, if the students can't make enough money to pay the school, the school will go out of business. Less drastically, if a student knows they will have to take a job doing something else to pay off the basket-weaving-school loan, they will not pay thousands of dollars to learn something that can't make them that money back.