If Conservatives Are Right, It Must Be For The Wrong Reasons

In a Salon article, Thanks for nothing, college! wherein Salon starts to realize that the current methods of promoting and funding college education are in big trouble, the author says:

In a sense, the conservative voices that have worried about moral hazards were prescient, though probably not as they expected. After the new bankruptcy laws were enacted (and subsequently strengthened), loan originators lost any incentive to deny money to borrowers, and a culture was created where unscrupulous colleges and universities were able to raise tuition costs aggressively, safe in their knowledge that the banks would provide any loans to any students pursuing any degree programs for any reason, without regard to cost, future job prospects or even (in many cases) the realistic expectation that the loan might be repaid. A moral hazard, indeed. And while this is by no means the only cause of the ballooning costs of college, it reveals a broken incentive structure that benefits powerful, moneyed groups at the expense of 76 million Millennials who lack effective advocates in Washington.

What? Those are exactly the reasons conservatives were bringing up as problems for the current student loan scheme. Over and over again. Perhaps if the author tried actually reading some conservatives instead of assuming that when conservatives argue against things they do it because "conservatives hate college students" or "conservatives don't want poor people to be educated" or whatever the straw man of the day is.