> The government owns student loans. To back up your point, the US federal government guarantees the vast majority of the student loan market: https://fred.stl

> The government owns student loans. To back up your point, the US federal government guarantees the vast majority of the student loan market: https://fred.stlouisfed.org/series/FGCCSAQ027S https://fred.stlouisfed.org/series/FGCCSAQ027S I believe the total student debt market is estimated somewhere between $1.3-1.4 trillion these days, so at least 77.5% backed by US taxpayers. I don't know what TARP topped out at, but I doubt it was 75% of banking assets.