I imagine subsidizing banks and oil companies is a safer bet than subsidizing a student loan. As someone who went to college, I can tell you not everyone that's there SHOULD be there. It's my opinion that the government shouldn't subsidize college loans at all. Let the business giving out the loan decide whether or not it's a safe bet. Instead of worrying about everyone getting loans they can't hope to pay back, why not set up our high schools with more vocational programs. That way, if someone doesn't want to go to college, they can choose a career path in high school and come out 4 years later with a high school diploma and a certificate for fixing airplane engines or something. Nothing wrong with fixing airplane engines. And, for some people, that's all they want to do. But no, we have to set up an education system where the government subsidizes loans to vocational programs. So, those vocational programs i.e. vatterott college and the like, charge students as much to go there as it would cost someone else to go to Harvard with the right grades. Worrying about the interest rate is o.k., I guess. But to me, it's small potatoes.