There is a lot of that going on, but it is important that factor only came into play in the 1980s and then in a big way after Biden and friends changed the rule

There is a lot of that going on, but it is important that factor only came into play in the 1980s and then in a big way after Biden and friends changed the rules around student loans. That is a huge problem that must be dealt with, but underpaid graduate students, exploding tuition, and colleges going under has been going on for a while even without the lending.