We should have never permitted minors to apply for federal student loans. Frankly, the direct federal student loan program was probably a mistake. We shifted e

We should have never permitted minors to apply for federal student loans. Frankly, the direct federal student loan program was probably a mistake. We shifted everything from private loans with federal guarantees to direct federal loans because of the perception that it benefited banks over citizens, but all we ended up doing is shifting animosity from banks to the government. Worse, the easy availability of student loans has made it easy for States to substantially reduce subsidies, shifting the burden onto students while jacking up rates along with private colleges.