[robotrout]

As the supply of available money increases, there is no incentive not to increase tuition. Any system that is flooded with money experiences price inflation.

Because students are not able to discharge their debt in bankruptcy, they constitute a riskless loan opportunity to the lenders, who throw money at them.

A sad side-effect of this as that the price inflation that this causes is forcing more and more students who might have otherwise been able to finance their tuition without loans, into needing loans also, thus dooming more and more of the next generation into huge debts that will effect their ability to buy houses, start families, and save for retirement.