If 2% of the workforce is comprised of artists, would it suffice to cap student loans to art majors at 3% or 4% of the student population? At what point does a

If 2% of the workforce is comprised of artists, would it suffice to cap student loans to art majors at 3% or 4% of the student population? At what point does a student loan become unviable to the lender, given real world statistics? Why isn't it a factor in actual loan issuance. Further, why is there massive rhetoric around student loan forgiveness, if the economy has no need for certain professions beyond a threshold (which is apparently 2% for arts). Do we want to educate people in certain majors on tax dollars, when the labor market has no demand for it? Also, do we want to encourage kids going into degrees, without a thorough cost:benefit analysis of what they are getting into?