Now I’m wondering what if students could spend student loans on other things, like starting businesses.
So you’ve come around to the radical libertarians calling for voluntary slavery?
Just highly suspicious of the American student loan system! Like most American institutions it seems to neatly combine the worst aspects of socialism and capitalism. Why not just have regular loans (allow bankruptcy etc.) or just socialise the system entirely like a sensible country??
The money must be laundered through the private sector to prove that it isn’t Socialism™.
Nevermind that either doing it in a more capitalist, more socialist, or just straight-up better national centrist way would be more effective.