Sure there are tough aspects of it like anything else...
I think it is a great chance for people like me with no kids, no marriage to speak of, ability to put that debt on FAFSA with great interest rates (if I go the TSTC route), a side business that generates about $1600 in residuals each month. All With the ed deferment all I need to worry about while I instruct is rent, gas and food. Plus, if the entire career falls I fall back on my accounting degree....
I definetly think that it can be done. I know people scratching out livings as artists and musicians in very expensive cities...talk about starve. Pay $120,000 to go to the Rhode Island School of Design and end up being a starving artist.
I just can't believe its as bleak as you paint it...