I agree with you here. I’ve always said, if you’re putting in work to get an education, the interest on the loan should be zero. Yes, zero.

Over time it means the lender (read: govt) loses money, so what. The increased tax income for an educated employee more than accounts for that. Even if it didn’t, what’s the downside to an educated workforce for anyone but those in power?

Education should not be a for-profit scheme.