The federal government directly issues loans now, and they won't give you $250k in student loans. The private lenders who will don't have government backing. S

The federal government directly issues loans now, and they won't give you $250k in student loans. The private lenders who will don't have government backing. So if they give someone $250k for a basketweaving degree, they are unlikely to ever see that money fully repaid. No one serious thinks private universities that cost $60k+ a year should be free btw. Also most STEM degrees are about as economically viable as liberal arts degrees if you don't go to grad school. Computer Science and any degree that can get you into CS are outliers.