Today’s New York Times has a long front-page feature on student loan debt. Marlene Griffith, who graduates today from Ohio Northern University after having taken on $120,000 in debt to earn a degree in marketing, is having to work two restaurant jobs and live with her parents to afford the monthly payments on her student loans. “When I graduate, I’m going to owe like $900 a month. No one told me that.” Stop right there. “No one told me that”??? “I readily admit it,” said E. Gordon Gee, the president of Ohio State University. “I didn’t think a lot about costs. I do not think we have given significant thought to the impact of college costs on families.” Easy for Mr. Gee to say, with his $2 million pay package at Ohio State… The cushioned world of higher education — the industrial-education complex anyone?— deserves to collapse flatter and harder than the housing sector. And it probably will.