Stop making money of federal student loans and lower the interest rates to the rate charged to the large bailouts

The government should NOT be making money off of federal student loans. In 2013 the government made $50 billion off of student loan interest. Today the average interest rate is 7% while recipients of government bail outs receive interest rates closer to 3%. In order to encourage innovation the government should offer their loans at an interest rate that will not cripple the graduating student. After graduating with $150,000 in loans, the governmental recommendation, in order to pay the loans off, is to work a job that pays $256,000 a year. Finding a job is hard enough in this economy let alone an entry level job that pays a quarter of a million.