They were deregulated. The top was blown off.
What can governments do? I've already indicated the two things I would suggest the federal government do in terms of its responsibilities. Fee setting is not the federal government's responsibility.
I can tell you what we're doing at the Canadian Medical Association. We're making very preferential interest rates available to students, so if they're going to get into debt, we advise them on how to manage that debt and get out of it as quickly as possible.