Not sure why you're downvoted as this is true.
(and there's nothing wrong with you expressing this opinion)
Not everyone in the US makes 500k TC doing remote work.
400k for a degree is absolute bonkers!
To pay $400k off over even 20 years at 6%, which is below the average student loan rate is just over $2,000 a month and it is mostly not tax free. Our society is messing up with how expensive this has gotten. The bloat is facilities and administrators who earn two and three or more times the tenured professor salary. The guarantors have to be the schools themselves and those execs who take these bloated salaries. And that interest isn't deductable other than a pittance of $2,500 or less in a year.
Here is the IRS about this;
Student loan interest is interest you paid during the year on a qualified student loan. It includes both required and voluntarily prepaid interest payments. You may deduct the lesser of $2,500 or the amount of interest you actually paid during the year. The deduction is gradually reduced and eventually eliminated by phaseout when your modified adjusted gross income (MAGI) amount reaches the annual limit for your filing status.