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Tbf, 100k debt for a 4 year CS degree isn’t as common as people on the internet make it seem. Most people do instate tuitions in a state university. They rarely hit that high. At least that was true 5 years ago, perhaps things have changed since then.
You also probably won’t get that 200k job either because of it. You only get those super high paying jobs if you know someone and you get that by going to an elite college
That’s typically not what I’ve experienced, and I don’t think I’m outside the norm. In my company there are very little employees who have prestigious degrees who are making 150-200k+. And most of these people aren’t even located in silicon valley or any high cost of living areas. Many IT jobs are still fully remote thanks to COVID.
You are absolutely right that you won’t get those high paying jobs out the gate. It takes time, talent, drive, and being strategic in the skills you choose to develop. It’s not that uncommon.
Surely there are people who have shortcuts, but honestly those are not so common.