I think you'll find that indentured servitude is necessary for the health of the nation. Previously, it was based on skin colour. Now, it is a self-selcting voluntary group, which is morally, far superior way of doing it.
There are three basic Huxley-like categories.
1 - Those that volunteer to be educated, basically, the Alphas. These types go to school and have a good time for 3 - 5 years. There are obviously nepo-babies that can skip the queues and need not worry about money (and never would have anyway). Then there are those that sell their souls to get in and worse to pay for the education.
Should they make it to the end, they get to donate 10 to 20 years hard labour to pay for debts and another 20 to 30 living in fear of not having health insurance.
2 - Then there are those that are the Betas. For them, there is the military, or increasingly rarely, the cadet branch of the clergy. Dodge bullets and nukes for a number years and if they make it out with all body parts intact, can skip a few of the less important queues. Furthering the aims of the political classes is a great sacrifice. I mean, who wouldn't jump at the chance to serve the King of Mine's a Lager (sic)?
3 - Finally, those that grow up really poor, and don't even make it through the 7 to 10 years of state enforced mis-education, get to sell drugs. Or be Police. The Epsilons. These guys keep the wheels of commerce moving, while taking care of the other members of the proletariat. Keeping them afraid and asleep. It would be a tragedy for the political classes is the proles were to discover their strength and rise up and seize the billionaires yachts, private planes and other means of production.
Only with these three classes can the proper aims of your lords and masters be fulfilled. Remember, Slavery is Freedom, Ignorance is Strength and War is Peace.