Some Freeper wisely suggested that making the schools at least partially responsible for student loan default would help matters greatly.
Or, just let private bankers decide whether a student loan makes sense financially. Let the applicants generate business plans to justify the investment in their education.
A high school course that taught students how to apply would be very valuable. Research job listings for education requirements. Research schools for course content. Prepare a spreadsheet showing the enhanced income, and the budget for paying off the loan after graduating, with all anticipated living expenses.
Excellent points and welcome to FR