re: The student loan industrial complex

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I don't think private lenders are doing this, but they ought to. No different than assessing the credit worthiness of a new car or home buyer or a credit card recipient

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LOL. They aren't doing that for credit cards or cars. It's all credit score based these days. Even mortgages are relying more on credit score and less on traditional underwriting, especially if the buyers are W-2 employees.

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Students are going to college for anything and everything under the premise that if you don't have a degree, you won't do well. Well, we have millions that do have degrees in jobs that don't pay anything close to being worth the cost that want to be bailed out. They aren't doing much better than if they hadn't gone at all.

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Who is telling them that premise? And who are running the companies that require "a degree" for a job that in no way requires a college education?

Those are the issues that we need to address.