Universities are primarily businesses, and loan guarantees are effectively a state subsidy to those businesses. If students were given grants, and universities

Universities are primarily businesses, and loan guarantees are effectively a state subsidy to those businesses. If students were given grants, and universities were given grants, and that was all the money on the table, what pressure would there be to increase the cost of tuition? None - and we know this because the more the system was privatised and deregulated, the more fees started shooting up. Forced debt is slavery. Whether it's medical debt, educational debt, or rentier landlordism, it's the deliberate creation of unnecessary scarcity to reduce the personal agency of most of the population.