Let's face it, most humans do not want to think about financial reality, look at Greece, look at a substantial number of the debtors owing that 1.5 Trillion in loans for 'education'. It's one thing to get a meaningful degree, and something entirely different to get a MFA at a school that didn't even review an application portfolio. We try to have some standards for mortgage borrowing, wouldn't it make sense to do the same for education borrowing?