Student loans are a big driver of the cost of education. It means too much money is chasing a finite resource which will always result in inflation.
Another part of the problem is desperate parents putting up with criminal and fraudulent behavior in colleges.
You are paying for a service, act like it. Parents need to be willing to pull their kids out of schools that are playing games instead of educating their kids.
“Student loans are a big driver of the cost of education
Especially when fedgov is a predatory lender.
Or the parent ends up being charged for trying to advance their child’s scholastic career like what happened to Lori Laughlin.
Imagine, jail time for trying to use the system the way it was set up.