[betwixthewires]

I've been shouting this from the rooftops at anybody who'll listen for several years.

The trick to fix our college system is simply allow student loans to be discharged through bankruptcy, like any other loan. It is a simple incentive shift that changes the whole dynamic of the higher learning industry. All the problems with it that we talk about nowadays will right themselves and everything falls into place with this one weird trick.

[baumandm]

If you complete your degree and declare bankruptcy, you still get to keep your education. So what's to keep every student from going to college, getting a diploma, discharging their debt, then getting a job?

I'm not pro-student debt, but I don't see how this is sustainable for colleges either.

[randomdata]

If all you want is an education, that can already be obtained for free. No need to take on debt for that. The value proposition colleges claim to bring over education, and why you might consider debt to obtain it, is an associated certification. Certifications can be revoked.