correct: https://studentaid.ed.gov/sa/

this is the subprime bubble all over again, with the govt providing a risk free opportunity for private entities to maintain the insane price runaway until it all comes crashing down.

Yes. But my problem with it is that this rule was written as a solution for a problem whose roots dig far deeper and need to be addressed there, not at this level. Making this an unintended side effect. But I think you need to address the real problem too.