Also, that Obama needed a student loan argues against the Manchurian Candidate theories that Obama was being funded, groomed or set up by some shadowy nefarious sugar daddy.
Not necessarily. The sugar daddy rumors center around his going to Harvard.
The student loan data might be restricted to Occidental and, perhaps, Columbia.
Recall that he graduated Columbia in 1983. He then spent two years working in NYC, first for Business International Corp., then New York Public Interest Research Group (sound suspicious?). He then moved to Chicago in 1985 and did duty as a community organizer in Chicago for three years before attending Harvard in 1988.
If there was a "sugar daddy", my guess would be that Obama probably came to his attention either at the public interest "research group" or back in Chicago.