[dontJudge]

> bankruptcy would be a start?

Yes. This is the start and the end. Bankruptcy will stop lenders from making predatory loans. It puts risk on both sides.

Tuition costs will naturally (and quickly) drop. Because there will be fewer people able to pay a crazy loan fueled price without a crazy loan given to them.

[CPLX]

Maybe. The other option is that higher education will just be for the global rich. It’s a myth that markets need everyone, in fact it’s a core tenet of modern economics that markets can hum along just fine while excluding a large class of people, with no incentive to bring them into the fold.

[linuxftw]

Precisely. Same applies to mortgage market as well.