Schools are so big if they failed everyone that was a failure they would have to build a new school every year to hold them. That isn't going to change because there is no place to put them and they don't leave and go to work anymore. No major college today graduates students in 4 years, student loans allows them to make a career out of attending.
Right on! As long as they can get a student loan, they seem to care less about getting a degree in one of the STEM fields that is in demand, pays good wages, and offers career advancement.
Instead. they choose to pursue degrees in fields where there is no demand. As a result, they can barely earn back the cost of the loans, much less the interest they have accrued on their loans.
When I graduated from high school I had three choices. Go into the military, go to work for the railroad shops (everybody in the family and their relatives worked there), or go to college and earn a degree.
I tried and failed at all three. In order to survive, I joined a rock band as the lead vocalist and a backup musician. It didn't pay much but it enabled me to survive while I got my act (no pun) together. I decided to go back to college and earn a science degree in Math/Physics while supporting myself as a musician. With much determination (failure, poverty, and starvation are great motivators) and a little help from mom and dad during the shortfall financial periods, I achieved my goal.
These people are not pushing their envelopes to attain sometime worthwhile. Instead they are killing time and wasting their money waiting for a ship that will never come in. Soon they will be whining because they have to pay back the money they borrowed and can't land a good job with the degree they have chosen. Sucks to be them!
As taxpayer I don't like to see the colleges and universities getting rich off my federal dollars by scamming the dumber-than-dumb students into acquiring more useless education. Same for the fly-by-night vocational schools who want students to take out a loan to learn something an apprenticeship with a good company will teach them for free.