If most students end up being paid their loans by the government its the same, minus the bureaucracy and the optics (we are not socialists, we discourage socialist behavior).
You can apply this rationale to the army, police, fire brigades, hospitals, schools, street lighting, public roads, public transport etc. and you end up in a jungle, not a civilized society.
You can apply this rationale to the army, police, fire brigades, hospitals, schools, street lighting, public roads, public transport etc. and you end up in a jungle, not a civilized society.