Like everything government touches, you end up with an economically distorted system that benefits a few politically connected individuals (I’m looking at you Sen. Pocahontas) and economically enslaves the majority.
Once in place, it is impossible to dislodge due to political pull. These systems remain in place until they roll off the edge of the economic cliff. Student loan debt has reached that cliff.
Correct. The growth of college tuition parallels the the increased cost of healthcare in the us.