Another example of why the government should have never got into the student loan business (like so many other things)......in fact the ex-rodent in chief goat herding anti-American POS made it even worse
https://www.usnews.com/opinion/arti...government-is-to-blame-for-high-college-costs when the moron signed legislation in 2010 to stop government subsidies to banks for the purpose of student loans with the result being the government became the first stop option for loans.
Notwithstanding the smartest president ever not understanding the implications, the government should not have been involved in this at all or ever. The background noise about forgiving debt now is simply another sop to the cretin's who believe they are victims instead of taking responsibility for their actions, including signing the dotted line for thousands upon thousands of dollars they will have to pay back.
My only suggestion is the student loan funding should be tied to projected market projections for future careers and the level of education you attain (BS, MS PhD etc). You want to be a doctor, engineer or teacher and so on then you should get a low rate and a higher max loan amount than if you want to go be a liberal arts major, a ____________ (insert any ethnic) studies, economics or any such other nonsensical type of degree field. Universities should be required to bid for "x" number of slots, from lenders, for veterans to get a higher ed degree as long as they pursue a degree field that has a lot of places at the table.