Which is the bigger loan shark—payday loans or government student loans?

I  checked Payday Loans against the government loans to students. Who's the real culprit. Got it--the federal government is the bigger loan shark.

"The $41.3 billion profit [from gov't student loans] for the 2013 fiscal year is down $3.6 billion from the previous year but it's a higher profit level than all but two companies in the world: Exxon Mobil cleared $44.9 billion in 2012, and Apple cleared $41.7 billion." (USAToday Nov. 25, 2013)

"The easy-to-get small ...[payday] loans have drawn a lot of criticism in recent years for burdening low-income borrowers with astronomically high interest rates and fees. In states with no restrictions on the loans, borrowers who quickly replace one payday loan with another generate $2.6 billion in fees every year. ( Washington Post, Sept. 11, 2013)

"Payday loan borrowers spend approximately $7.4 billion annually at 20,000 storefronts and hundreds of websites, plus additional sums at a growing number of banks." (Pew Report, July, 2012)

Payday loans--Ohio votes

Here's what I said on this topic in January. It seems to be another feel good topic for liberals, believing they will help the poor more by pushing them into more government help and away from high interest loans. One more door shut on access and choice for the poor (and the wealthy trying to hide their assets).

Our polls are very, very crowded with early voting. 51% are Democrats, 4% are Republicans, and the rest state no party preference according to the Columbus Dispatch. The Obama people have been flawless (not fraudless) in their machinations. McCain-Palin, at least in Franklin County, is not well organized and ran out of yard signs and badges some time ago (probably picked up by Obama trojan horses). As of yesterday at Vets Memorial, I think they had more absentee voters than people eligible to vote in three of our northwest suburbs--Upper Arlington, Grandview and Marble Cliff.