On Student Loans the Question Is Not Deregulation, It's Giving Money to the Financial Industry

Susan Dynarksi had a very good piece in the NYT Upshot section on several measures from the Trump administration which will allow the financial industry to collect larger fees from student loans. However the piece errs in describing the changes as being "deregulation." Rather these changes are ways in which the government is deliberately choosing not to enforce contracts in ways that increase corporate profits at the expense of student borrowers.

Suppose that the government announced that it...