In many cases this is true, but until you have been cheated or know somebody who has been cheated by student loan companies, it is hard to pass any judgement.
Government = people representing people who voted for the people who represent, i.e. government is not a living creature, government can`t do shit!
I don't fail to understand anything :if you want to blame it on financial illiteracy and inability to delay gratification, count me wholly unsympathetic.