I hope people on both sides can look at this roller coaster and realize this is why you don't want the feds involved in so many aspects of your life. Why become so dependent on something with so much power that can change on a whim?

For example, the universities have become so dependent on federal funding that they feel pressure to bow to Trump's demands regarding pro Palestinian protests.

Christian colleges have long known this, and some of the best ones have become 100% independent of federal funding.

And so begins the roller coaster (or CA's hamsters) for many people. After graduating, they need to face the job market to pay these debts. Unfortunately not everyone can ...

As someone who has paid off >300k in loans I have empathy for so many of these students. So many were fed lies as teenagers about the returns of college and are stuck in dead end careers with insurmountable loan payments and a balance that won't go down. A lot of the stories on /r/studentloans are depressing and many are suicidal.

I had over $50k in loans that I was able to pay off quickly due to my willingness to work in a remote area.

If the government didn’t back stop the lending with favorable laws (can’t discharge them in bankruptcy) this level of borrowing never would’ve gotten this bad.

Banks wouldn’t lend to students if their earning potential was terrible after graduation. I know so many who got Ph. D in some sort of soft social science and then get mad that the only employer who is willing to hire them at an average salary is the government or NGOs backed by government grants.