I recently had a friend pop up on my news feed with a link to a promo video, with the video saying that the US should forgive student debt on the basis that the (former) students won't be able to pay it back without basically crushing them financially. It kind of got me thinking about how little discretion our government uses in giving out loans. They regularly lend $40K for people to get degrees in "elective studies" with 2.3 GPA's. I think this is financially irresponsible when you consider that the taxpayers are footing the bill. If I went to the bank and asked for a loan so I could start a new business making a single shade of orange nail polish, and I have no other income, I doubt they'd lend the money. In short, I think the government should use more discretion when it acts as a lending agency. Thoughts?