That’s what bankruptcy was designed for.

Let these college drop-ins declare bankruptcy, forfeiting their worthless degrees (they can keep the worthless ‘knowledge’), and make the colleges reimburse 20-40% of the outstanding debt on the loan as a penalty for failing society with their institutional scam.

The government should have never started this perverse incentive feedback loop in the first place — now its time to limit the damage to all parties, in a way that propels them to negotiate the real value of the ‘asset’ (which is probably around 10-20%).

Having a whole generation in endless debt to bankers AND indoctrinated by Marxism, feminism, and neoliberalism, all because the government allowed Universities and financiers to run a ‘risk-free’ grift? That’s the worst outcome possible.

RE-INTRODUCE THE INVESTMENT RISK AND THE SYSTEM CAN SELF-CORRECT.

That’s what bankruptcy was designed for.

Let these college drop-ins declare bankruptcy, forfeiting their worthless degrees (they can keep the worthless ‘knowledge’), and make the colleges reimburse 20-40% of the outstanding debt on the loan as a penalty for failing society with their institutional scam.