Obviously this is a very big topic and a lot has been said here in the past. I just didn't feel like digging up the old thread. https://www.usatoday.com/story/money/2018/03/23/student-loan-forgiveness-program-gets-350-m-one-shot-boost-aid-struggling-borrowers/453637002/
A lot has happened on this issue since the above post. Here's a little update https://www.forbes.com/sites/adamminsky/2019/11/06/betsy-devos-suffers-major-setbacks-in-student-loan-lawsuits/#3616855fb5cc
Here's another story about the time the DOE sent a shmillion dollars to some unaccredited schools. Oops https://www.nytimes.com/2019/11/08/business/student-loans-betsy-devos-art-institutes.html