No money, mo' problems
There's a fascinatingly scary article in the Village Voice called The Ambition Tax, about "why America's young are being crushed by debt—and why no one seems to care".
The article is heavy on examples of a sample college grad struggling to live reasonably with debt, and short on the reasons why "no one seems to care.' Regardless, it's an excellent read. For more on the subject, see this post on FatMixx.