Well, sure. And student loans have been under fire for a long time. This is why schools are being required to take default management steps...some pretty difficult to administer. Ugh, are they a pain in the rumpus room.
Yet most of the really big abuses have been from proprietary schools, the very schools that the 'pubs will defend to their deaths.
I don't know the answers though. I'm just a pusher of the paper, in the most ethical and beneficial ways I can...what I can control, that is.