What the government should do is get tuition back under control, for publicly funded universities anyhow. Probably private schools will follow the example of public schools when students who are already pretty smart about how much college costs start shopping for the best education they can find for the money. And if students get their loans from the government, they should NOT have to pay interest on top of income tax when they land a job.
If you want to become a certified IT professional, you could probably get the appropriate certifications just from watching Youtube videos. If you want to become a programmer, you could probably create a few good Android apps just so you'll have a portfolio and then go freelance. There have been times when I thought a college education was overrated. Think about it.
With internet and the possibility to watch classes from the best professors of every discipline you shouldn't need so much time and spend so much money to get an often useless diploma; when you see what is taught in economics degrees you are thinking that you end up being worse in economics than if you didn't pursue the studies in the first place