> My stance is that if the loans were only made on degrees that could reasonably pay back, the administrative bloat that has driven up costs would not be possib

> My stance is that if the loans were only made on degrees that could reasonably pay back, the administrative bloat that has driven up costs would not be possible. The administrative bloat that has driven up costs will eat every single penny that will still be available. It wouldn't be as many pennies as it does today, but it would still capture every bit of that free money that it can.