The federal student loan system has become predatory due to the Congressional removal of standard consumer protections and congressionally sanctioned collection powers that are stronger than those for all other loan instruments in our nation's history.
The resulting lending system is causing great harm to citizens who borrow for college, but also causes harm to all students due to the unchecked inflation that is enabled by this problem.
This problem is virtually guaranteed to persist in the re-architected, Direct lending system in its current form, and could even be exacerbated. In the public interest, the consumer protections that were removed by Congress must be restored by Congress at the earliest opportunity.