>then all student loans would be be via the government They already are effectively. Private student loans are for the difference between what the government

>then all student loans would be be via the government They already are effectively. Private student loans are for the difference between what the government will loan out at for the tuition/cost of living costs. The government doesn't guarantee them. The problem is you can't discharge private student loans in bankruptcy. So they are personal loans that get special treatment.