There are two components to this. On one hand, there's cost-shifting so that students who would otherwise default (and be chased by the government for the mone

There are two components to this. On one hand, there's cost-shifting so that students who would otherwise default (and be chased by the government for the money) aren't as screwed. On the other hand, this arrangement has students paying much more money for the same thing in the average case.