The Feds have made rules to protect the loan companies under pretty much every possible circumstance. You CAN get out from under a student loan by dying. Maybe. And they’ve allowed the loan sharks to turn a humungous profit from predatory interest rates. Many people graduate from college with a debt that it will take DECADES to pay off even if they get their dream job.
As always, it’s all about profit for the obscenely rich with no thought given to the people who really ought to be the congress critters’ main concern.