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I don't say this as a moral argument. It is because of my parents and the differences in costs associated with college, and it wasn't SO long ago (I graduated in 2002). It's completely mind-blowing to me to imagine paying $50K/year.
The fact that I graduated debt-free meant that I could kind of pursue whatever made sense to me. I ended up making the (not very economical!) decision to go to graduate school in the history of science and to study nuclear weapons history.
Would I have done such a thing if I had a large debt burden? I doubt it. What would I be doing now? I have no idea. I think my current career path would have been impossible for me if I was an undergrad today, unless my parents had been substantially more wealthy.
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