> the government (acting as a bank) would expect to make a loss on all loans issued, as the number of people who default would outweigh the amount of interest c

> the government (acting as a bank) would expect to make a loss on all loans issued, as the number of people who default would outweigh the amount of interest collected on the remaining loans As far as I know, you can't get out of paying a federal student loan even if you file for bankruptcy.