Private student loans are often cosigned by older family members. It doesn't make sense to take risks when defaulting on your student loans puts your parent's h

Private student loans are often cosigned by older family members. It doesn't make sense to take risks when defaulting on your student loans puts your parent's housing at risk. Your comment places you likely in your early 30s, meaning you probably entered the job market before the recession when there were more jobs. If you went to college, you went before the next 7-10 years of continued tuition increases. The realities of the economics facing young people today aren't so simple as your comment suggests. Most of those young people are living at home to be frugal. And no young person worries about missing a show, its all streaming anyways.