Make endowments to universities taxable. And then make universities the holder of student loan debt, not any outside agencies.
Do those two things and most of the problems with higher education will be solved.
The PBS Frontline documentary, “Crisis on Campus,” examines how university leaders, some of whom have faced congressional hearings, navigated the challenges of responding to heated rhetoric and division on their campuses and balancing free speech with the need to prevent harassment and discrimination.
https://www.youtube.com/watch?v=HESNxDn6Efs