Wow, what a noxious combination. - A subsidy for a positional / signaling good that will only drive up prices - That is only available if you're renting your

Wow, what a noxious combination. - A subsidy for a positional / signaling good that will only drive up prices - That is only available if you're renting your labor, rather than starting your own business, investing, pursuing further studies, etc. - And renting it to an employer in a stable / large enough business that they can engage in yet more special purpose regulatory paperwork, rather than a startup or small business - Only applies if you were imprudent enough to take on large amounts of non-dischargable debt to begin with - And targets the disproportionately well-off (simply by having a college degree & job, especially at an employer who can afford to offer the benefit, you're doing better than ~50% of the population).