The whole student loan federal guarantee needs to be rolled back and, ultimately, eliminated. In the digital age, the “wholesale” cost of providing students with a quality education is very, VERY low. The problem is the whole “college experience” has become a cultural thing. If we were just trying to educate in the classes that reward with credits, it doesn’t cost much to do these days.
But we have a lot of americans under 30 that have sold themselves into indentured slavery via student loans. That has to be fixed, at least to some degree. They’ll elect socialist just to get out from under it.
it was fine when it was run by banks for the most part, but from the second the federal government took over it spun out of control.