They were always going to be repaid, since their principle feature is that they are guaranteed by the federal government. Just not by the borrower. That's why t

They were always going to be repaid, since their principle feature is that they are guaranteed by the federal government. Just not by the borrower. That's why they are so easy to get without demonstrating that you can repay, and that's why the cost of a college education has skyrocketed since the guarantees were put in place. And why a college education has become much less accessible for those who aren't willing to take the loans.