A couple reforms I think would genuinely fix this system: 1: Cap interest rates, especially for private loans. Education pays itself back several times over to

A couple reforms I think would genuinely fix this system: 1: Cap interest rates, especially for private loans. Education pays itself back several times over to society when people have good jobs and disposable income. 2: Federal student loans should not be serviced by private corporations. Way too many redundant services add unnecessary cost and nobody in society benefits from this system but the loan companies. If I have a federal loan I should pay the federal government. Simple as that. 3: Expand the earned income tax credit to subsidize apprenticeships. Whether you're a welder or a programmer, it would be a lot easier for your employer to get a wage subsidy and train you into the role, instead of gambling on each prospective employee to be "the best" without them leaving in a few years to a higher paying job so they can pay off their student loans. My only concern is the people like me who have loans - not too much but a lot - who are capable of paying them back and see those who got useless degrees with 6 figure debt being bailed out. What will the reaction be? If the Obama Administration's history with Wall St is any indication, it won't be pretty.