Earlier quoted context omitted.
US government should focus on making higher education more affordable. In Australia for example college debt is managed through the taxation system allowing people to invest in the careers in the early days and then pay off their debt when their taxable income reaches a high enough threshold.
America has affordable higher education; state schools and community colleges are generally very affordable. The problem is when naive highschool students get lured into taking on huge amounts of debt by expensive private schools that have no intention of teaching undergrads well, but nevertheless assert that pretense to lure in more suckers.
The living arrangements are getting more expensive. My college tore down their old, low cost dorms. They replaced them with suites that cost twice as much.