You do realise the FEE HELP debt has to be 100% repaid, with 20% on top right? And its indexed to inflation, so the government actually make money from this loan...
$40 billion in unpaid debt is certainly not making any money for the TAXPAYERS.
Maybe we should go back to the Flying Scholarships where you had to have made a personal investment into your future career in aviation by getting your PPL before applying for a scholarship.
At least it showed that an applicant had some commitment.