Isn't this a case of the loans being mispriced? If the students attending for profit schools like Corinthian Colleges are getting lower interest rates because K

Isn't this a case of the loans being mispriced? If the students attending for profit schools like Corinthian Colleges are getting lower interest rates because Kellogg MBAs are subsidizing their student loan interest rates, doesn't that mean more students will end up enrolling in those for profit schools? That encourages poorer students to make bad investments and forces them to go deeper into debt. If the loans were more fairly priced and much higher interest rates were charged for the for profit colleges, wouldn't fewer people make those bad investments?