Completely agree. I don't think banks should be operating like they do now. It's almost charitable in how it works. Banks, who are driven by profit, give out these loans at a massive risk.

I stand by my point because banks shouldn't be in this position. People aren't companies and they shouldn't be looked at in terms of returns. I (and this is my completely personal opinion) think either education should be free or only the government should provide education assistance.