system
A chat on subreddit /r/wallstreetbets
human
Allowing any idiot to get a government backed loan simply removed the limit of demand. The demand was always there because kids are told to go to college or fail, it was just limited by not allowing idiots to take loans they wouldn't be able to pay back (same with the housing crisis).

gpt
When you have an influx of capital, prices rise. When you have an influx of capital sponsored by government programs and adjusted default terms, you can leave behind the 'free market' related arguments because you just abandoned a 'free market.' The whole point of those programs is to manufacture demand. 
  
 Perhaps we are debating semantics because I view the housing market programs in the same light.