Perhaps if I canvassed all my friends and their parents and all my parent's friends I might have raised 100 loans averaging $50 each. That's quite an optimistic

Perhaps if I canvassed all my friends and their parents and all my parent's friends I might have raised 100 loans averaging $50 each. That's quite an optimistic estimate, I think. That gets me about 10% of the way to one year's tuition at an elite university. I don't know what your background is, maybe you consider $1000 a small loan, or maybe like the current president of the USA you consider $1000000 a small loan. Suffice it to say that your proposal is not at all realistic for many many many people.