The entire student loan industry has always been a scam, and it needs to be shut down. The schools, banks, and politicians who benefited from it by defrauding students into using it need to be penalized and forced to pay for the damages.

If you want to do something useful, take a page from other countries. The government will pay for your higher education, but you owe 10 years of public service work at low paying jobs. Otherwise, you have to pay back the entire cost with interest and a penalty to cover the lost opportunity to others. Some suggest military service. I have no problem with this either.

Student loans were a scam from the beginning, and it's time we admit that. We took our most naive citizens, indoctrinated them into a leftist cult and turned them into indentured servants. While the taxpayer shouldn't be on the hook to cover this fraud, my ethics don't allow me to blame the victims either.