Remember predatory loans?
I never quite bought into that notion, primarily as there wasn't much in it for the so called predator. Homeowner walks, predator is stuck with a house worth much less than before. I would rather be the prey.
Not so with student loans. Loans are made in many cases to naive, financially illiterate youngsters who can't just mail in the diploma and walk.
Why aren't these considered predatory loans? My guess is because it is the government making the loans.