While I do agree with the original poster (personally, I have paid off my wife's school loans and I am almost done with mine), I do think the student loan system needs to be reformed.
Humor me a moment. You have a kid who goes through a super liberal public school system. He spends his entire life being told, "yeah, lesbian dance theory is a great way to make a living." Gets to college on mediocre grades and majors in lesbian dance theory. What does the loan officer do? Sign that check as approved. I can somewhat sympathize.
If it were a private loan, sign whatever loan you want. But my tax dollars is going to delusioned kids and their shitty grades towards shitty majors? I call bullshit. My tax dollars should go to real majors and only to kids who actually have good grades.