system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: How is the infamous housing bubble that the U.S. created different from the current student loan bubble that we are creating as we speak?
gpt
>Eventually banks will realize all these people that drop out or don't pay them back for whatever reason, is just losses. At least with homes there was (although small) some asset for the banks to put a lien on.

This is the difference. The banks will always get their money back. There is no way out of student debt. They can force you to sell your posessions, they can intercept your paychecks, they can do anything short of throwing you in jail to get you to pay those debts. Even if you go bankrupt, you go to court for it, you have literally $0 and no assets besides the clothes on your back, it is illegal for the debt to go away, you must continue paying it with whatever scraps of cash you find, and it will keep accruing interest. 

The only way you can ever get out of student debt, is if you die, and even then, the banks will attempt to get their lost money from your family, even though it's technically illegal to ask. As long as you are alive, the banks will get their money back.