There have been socialistic undercurrents in academia for decades now, that's what has helped create the free-speech-free zones on college campuses where you're only allowed to speak, if your speech isn't offensive to anyone.
And the central banks have intentionally punished the savers and rewarded borrowers with artificially low interest rates. They've even gone so far as to generate negative interest rates in some countries in an attempt to move the trillions of dollars they newly created currencies out of savings and into the markets.
I've heard the situation (I believe quite accurately) likened to heroin addiction.
The pusher (in this case of easy money) gives you the first few tastes for free. Once you're hooked, you're easily manipulated.
RE: The Debt to Income ratio, a critical indicator for your personal financial health