This. Its their job to calculate risk, and bet on it. Let them and let em set the interest rate accordingly. This would also solve the ever inflating tuition co

This. Its their job to calculate risk, and bet on it. Let them and let em set the interest rate accordingly. This would also solve the ever inflating tuition costs and cause schools to be competitive. In general it would curb academic tomfoolery. Weird what happens when the government assumes liability. Everyone wants to blame the banks for '08, and they have some fault but it was all enabled by federal encouragement and liability. At least in the private sector the companies live and die by their decisions and the banks were held accountable /s.