We seldom agree on anything. Could that be because we have both been taught to think. And thinking can get us into trouble with someone who also thinks but reaches different conclusions. That's a very, very , good thing!!! I couldn't agree more with what you wrote above. There is a distinction, being lost, between education and job training. They are both important but they are not at all the same thing. Although education can be a help in job training, it does not work the other way around. At least by our definition.
Loose credit causes inflation. How can a 19-year old with no credit score and no income get a $10k loan at 4%? Without a government guarantee, how much would a bank lend that person? Maybe $1000 at 20%?