“Should basket weaving majors be subsidized?”
-—Therein lies the problem! Student Loan programs should be graduated based on income potential and job potential. Example: I’m a Nurse Practitioner (RN MSN) and can get a job anywhere so there’s a very good job/income potential so should be open to full student loan programs. Same with Computer, Medical Doctor degrees... etc.
Degrees like Liberal Arts degree etc have limited job/income potential and student loans should be less covered for those programs as there isn’t a big job market. Some kids/people just aren’t cut out for college and colleges take advantage of that fact and offer silly degrees and then students are left with enormous debt they can’t pay back
If you and your major have such good loan repayment prospects, the public sector ought to be willing to fund it.
No reason for taxpayers to do so.