Wait. Isn't that how investing works? You invest hoping to get a return - but sometimes you don't. A loan in which students (or anyone) can't default is gettin

Wait. Isn't that how investing works? You invest hoping to get a return - but sometimes you don't. A loan in which students (or anyone) can't default is getting close to debtors prison. Whoever invested without caring who they gave the money to should, well, get those returns: $0.