Student loans is a racket... I agree with Dave, but tuition rates have increased by like 200% since the 90s and steady rising.. but the value of education isn't rising with it. On top of that, you can't file bankruptcy for them either. Then u got companies like Sallie Mae that service the loans AND they own the comapnies they send the loans to that are in default. This the kind of shit kids should be learning in elementary school on up..