It should be at least dubious that experts and borrowers aren’t worried about the fact that the student loan debt has topped the $1 trillion mark. Moreover, these people continue to argue there’s no student loan crisis, no need to panic while at the same time are promoting even more such debt, this time for kindergarten. Does it make any sense?

Despite raising concerns and even allegations and protests, regulators have failed to keep under control the staggering student loan debt. Borrowers and experts say nobody should worry about it nor panic, since although worth $1 trillion and increasing, the student loan debt can’t damage the economy the way the mortgage crisis has.

Last week, the Consumer Financial Protection Bureau announced that what the student loan debt has officially topped the $1 trillion mark. Over the last years, despite the high unemployment rate and an obvious struggle to get money, universities have even doubled their tuitions making life harder for thousands of students. Some have even given up on their dream and opportunity to a career and decided to stop going to school and got two jobs just to make the rent and monthly expenses.

However, despite an obvious grueling situation, experts advise against concern. Take for instance Mark Kantrowitz who works as a publisher of Finaid.org. The website is meant to offer financial aid for students in need. He said: “I don’t think it’s a bubble. Most students who graduate college are able to repay their loans”.

But nobody talks about how hard it is to find a job that pays well enough to support monthly expenses and then repaying the loan, at a moment when all costs are on the raise.

Meanwhile, if the student loan debt wasn’t enough, there are borrowers that are now giving out loans for parents that want their young ones be enrolled in private kindergartens. And don’t imagine private kindergartens and highschools have manageable tuitions. As word got out that there’s a market for this particular education system, some decided to make a business out of it. Thus over the years, tuition at private schools and kindergartens has skyrocketed. For instance, in New York, there are private high school that cost $40,000 a year, even more than what Harvard charges.