Fully agree with you!
It’s a general trend, though, to absolve parents of any educational responsibility, isn’t it? Just like when youngsters aren’t eating healthily, it’s not the parents’ responsibility, but instead schools need to enforce lunch box policies.
And if a student can’t realize that overdrafts aren’t there for long term finance, then I think that’s not something that uni can fix.
Being German, I read this article with fascination a short while ago:
(It’s behind a paywall, but if you google the title “Why are Germans so obsessed with saving money?” and go there from the search results, the Financial Times sometimes lets you in)
It’s relevant here, because it points out that saving is essentially instilled into young people from primary school age. (I certainly remember getting my first savings book at that time. My parents had already put a few marks on it, and I kept putting my pocket money on it. I graduated with 1000s of euros in savings, not in debt [granted, the fact that we have no student fees in Germany, and that I had a part time job since I was 16, had a big impact on this!])