Or you could teach the people about the hardships that come from accepting government-guaranteed loans to purchase an education that does not ensure income proportional to the size of the loan. But, yes, definitely get rid of the government meddling in student loans that has warped the market for education.
Generally speaking, cutting off educational opportunities for people that desperately need them is probably a bad idea.
Even if you did get rid of government guaranteed loans, companies would happily step in to grant people guaranteed loans in exchange for servitude over the rest of their lives. If they don't find a well-earning job well that's even better.
There were multiple non-government loan options back when I was in college that were just that.
