Is it? Is it really? The #1? Not one of the top 5, but the absolute #1 reason?
I guess you may have some data on that, but even so, why are they running out of money? Immaturity? Poor financial acumen? Not going to a less expensive school? Even a juco?
Yeah, the student loan debt issue is bad, but give me a break. The whiny victim mentality gets old.
I bet about half of those kids (and their parents) just plain made some bad choices.
Like, you know that billionaire who paid off those student loans? (Robert Smith/Morehouse). There was one of those students on an NPR show and the he had about $200k in student loans for an undergrad major in Finance. Let that sink in. Has it sunk in? Now, my point is just how in the blue fuck does it make any sense to go into that amount of debt from a school like Morehouse? Nothing against Morehouse, but it ain't Harvard.
To me, and it's just my opinion, but anybody who thinks it's ok to go $200k in debt like that does not have good financial sense.