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A comment on Student Loans a Lot Like the Subprime Mortgage Debacle, Watchdog Says. Parent comment

Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by listenallyall on Wednesday December 11, 2019 @02:48AM (#21760446)
It does, to an extent. Stafford and Perkins loans are direct from the government.

This article says 90% of student loans are from the gov't, so it appears it currently does exactly what you're suggesting. https://www.nationalreview.com/2017/02/student-loans-governm...

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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by gwright on Wednesday December 11, 2019 @12:57PM (#21764963)
The loan programs don't adjust the interest rates for the risk/reward involved. As a taxpayer I don't want to fund someone for 4 years in college and then have them default or be be unqualified for a job that would make them self sufficient.

I'd rather have non of my tax dollars allocated that way, but if I don't have a choice then there should be some attempt to invest in people and skills that produce self-sufficient citizens.

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