What was the percentage of out of wedlock births before 1929. What was it during the Great Depression? What is it now since the economic and social penalties for out of wedlock births have been decreased due to welfare, the sexual revolution, women's "lib," and decline in social behavior. Education or lack of it surely could play a part, but, in my view, these other elements are much more important. Is college now a hostile environment for young white men. Why are there more women in college than men? Men have been demeaned and down graded for years, e.g. Blondie, Maggie and Jiggs, Katz and Zammer Kids. How do young men without a high school diploma fare in the work force now? Especially if they are black or have heritage from Spanish speaking countries?
Wasn't the idea that if the banks could boorow at low rates, they would then lend to businesses that would hopefully make profits and lead to hiring. Lending money to students at low rates would not promote economic activities since the students would spend hopefully leading to citizens who would pay higher taxes, but surely not in the short run or even in the long run if they graduates can find good paying jobs. I don't see the parallel.