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Student loans have become a weapon to attack and control private colleges.  

Not as much as it's a way to control the graduates and those that will be allowed to attend.

When your son/daughter graduates with a $200K loan they will tell him/her where to work and how much they will make.

This program will be used to give loans to the "underprivileged" and then forgive their loans when they are given degrees through social promotion so they will have no financial burden. They will claim this is part of "making up for the history of racism" in the U.S.

Prospective students who want loans will have to become the ultimate butt-kissers of the local apparatchik in order to qualify.