I find student loans almost predatory. I know these students sign up for them and they are technically adults. However, I don’t think anyone with absolutely no credit history should ever be allowed to take on so much debt, especially with no foreseeable way for them to pay it back.
I was fortunate enough to not have student loans. I have a 15 year old and I pray he can get a full ride somewhere. When I started college back in 91, my entire freshman year was less than $1800 tuition wise (at a state university). What the F happened.