Basically the finding of a newly published study.
We examined trends over time in vocabulary, a key component of verbal intelligence, in the nationally representative General Social Survey of U.S. adults (n = 29,912). Participants answered multiple-choice questions about the definitions of 10 specific words. When controlled for educational attainment, the vocabulary of the average U.S. adult declined between the mid-1970s and the 2010s. Vocabulary declined across all levels of educational attainment (less than high school, high school or 2-year college graduate, bachelor’s or graduate degree), with the largest declines among those with a bachelor’s or graduate degree. Hierarchical linear modeling analyses separating the effects of age, time period, and cohort suggest that the decline is primarily a time period effect. Increasing educational attainment has apparently not improved verbal ability among Americans. Instead, as educational attainment has increased, those at each educational level are less verbally skilled even though the vocabulary skills of the whole population are unchanged.
Someone should build a graph showing the relationship between declining verbal skills and increasing student loan usury.