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As an aside, I don't think "the most predatory thing" about student loans is the fixed cost regardless of profit. The same could be said of any business or real estate loan. The most predatory thing about student loans is that there's barely any rational qualification of the loan recipient.

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Yea, you're right. I would say it's in part the disparity between the scale of the fixed cost and the amount of qualification that is predatory.

As in, if it was a loan for only $1000, it's certainly more ok to do less qualification. Versus if you were saddling a student with a loan of $40,000, you should probably be very careful.

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