[godelski]

>> predatory student loans applied to people at a time where society yelled "get a college degree or you'll never get a good job

> People still decided to respect the words onto which they signed their name.

Sorry, are you defending predatory practices? Most government regulation that are almost universally agreed upon, even by stout libertarians, are making predatory practices illegal. In absolutely no world is a singular person, of any intelligence and experience, a match for a team of lawyers at multi-million or multi-billion dollar institutions. It is the same reason many dark patterns are illegal. Because if trickery is used then informed consent is not actually given. It is a situation that is near universally agreed upon as unfair. I'm sorry, you can't just hand wave predatory practices away. They are not okay. Talk about incentives. If you allow predatory practices to flourish you get Robber Barons. That's not healthy for an economy or a country's citizens either.