Why are you taking out 300k worth of loans you can't afford?
First,
It combined student loan debt with my wife
Second,
These issues are not as simple as you are trying to make them. Me and my wife both have graduate degrees. I have a MBA, and she went to pharmacy school. For certain jobs and positions grad school is mandatory.
Third,
It is not that we can’t afford it. We are both paying our debt. But it hurts credit scores when you have a high amount of debt. That lead to having to pay higher interest rates on car notes and other things. It makes it harder to buy a house. It is just an economic burden. It is money that we could be saving or going to somewhere else.
Lastly,
This is a new problem. Past generations Were able to go to college fairly cheap. We are the first generation (along with some younger generation Xer) dealing with sky high student loan debt. If it is not addressed it will have devastating economic consequences for this country in the future.