I didn't live high off the hog when I took out my student loans, I know some did though. I always lived in university housing which wasn't cheap, in fact later on I found out it was less expensive to live off campus than it was to live on campus.
I know the last ten or so years things changed and kids were buying cars with the money, etc. I wasn't able to afford to do so.
So please don't accuse ALL student loan borrowers as being spoiled. Many of us borrowed the money in good faith believing that there WOULD BE jobs when we graduated... only to find out that chemistry jobs, that the schools promised would be there for Women in the Sciences, were being exported to India and Africa and to China after the fact.
I'm paying off my loans, I'm not looking for a bailout, but I really would love for that 100K in interest that was slapped onto my original loan amount to be dropped!!!