That’s right. Moreover, the government guarantees the loan, so there is little to no risk for the lender. And because the borrowers have little to no choice but to accept any terms (just go make your own interconnected economy), and are unsophisticated agents, it has essentially created a whole monopolistic feedback loop for a supposedly ‘non-profit driven’ institution, coincidentally financing the rise of Marxism and enabling a whole host of unconstitutional societal ‘control mechanisms’ on a large part of the population.