I have always believe we didn&#x27;t have a student loan debt problem but a student loan loaning problem. Not everyone deserves let alone needs to go to college.<p>The idea that the government will loan money to people regardless of major is just wrong. Worse, since the government is paying a schools are accepting of such federally guaranteed money then why cannot the government dictate costs as it does with medical care? Why cannot it state, in your area one hour credit is worth X. We will not loan more than that. Textbooks cost Y.<p>Schools, both public and private, are mills to take in effectively free money to pay out in seriously overpaid positions as football coaches and administrators (college Presidents and such) all the while many rest of very fat endowments.