As someone who has $394k in student loan debt thanks to a paperwork error, I still say no but, the government needs to something about the current system because now that they took over, it's gone to insanity levels. I was still in school when I defaulted and no, that isn't supposed to happen! But, in 2010 when they took over, my tuition doubled overnight. I was paying cash by that point which is what I should have done in the first place. I did for all of my undergrad tuition. But, for grad school, I didn't want my parents to pay for that so, I ruined my financial future instead. Lol