[dsfyu404ed]

Is the regulation you're speaking of regulation that un-does the regulation that provides federal loan to anyone with a pulse who wants to major in journalism (or some other degree for a low paid field) and prevents borrowers from getting rid of said loans in bankruptcy?

Make no mistake, we regulated ourselves into this mess. Many people at the time predicted the current situation. More money chasing something drives up the price of that something. It's now pretty clear that we should have funded the schools instead of providing subsidized loans for the students.