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A comment on Soaring Student Debt Prompts Calls for Relief. Parent comment

Re:Soaring Student Debt Prompts Calls for Relief by dragonwriter on Tuesday September 13, 2016 @06:55PM (#12492904)
> The argument against this could be that due to the unsecured nature of the six-figure (potentially) debt the free market rates will be insane effectively reducing access to higher ed for those who can't afford it without the loans.

Given that federal loans have always had rates set by government policy (not market rates) and the fact that private participation in the program was ended in favor of exclusively direct loans in 2010, I'm not sure what the concern for "market rates" is -- there is no market involved.

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Re:Soaring Student Debt Prompts Calls for Relief by ChemicalWarfare on Tuesday September 13, 2016 @09:50PM (#12493737)
see the comment I was replying to >>> "Get the government out of the loan business and the market will correct itself."
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