Once upon a time the federal government created a student loan program. Then this program executed predatory lending practices, preying on the very students it was supposed to help.
When everything began to look hopeless, instead of shutting down this horrid federal student loan program, government officials transferred student loan debt onto the public and generations upon generations afterward were broke, overworked, and overtaxed.
This is how big government works. It creates problems then pretends to fix them.
The end.