The Education-industrial complex is a key left/Democrat base
Its absolutely important to their rule and control, thus there will be bailouts
Not a Trey Gowdy fan, but I think it was he who years ago proposed that the Universities should have to co-sign the loans.
As w/ all his talk, it went nowhere of course.
It’s similar to the Planned Parenthood rat laundromat. Student loans for being sent to government indoctrination centers result in students being rat voters and teachers being rat contributors to keep it all going.
Why do colleges with billions in endowments need to charge so much? I suppose if they didn’t they’d lose “prestige” (not to mention even more money).