My preferred solution is actually to force the original beneficiaries of the debt origination to carry a "lowest priority" fraction of it for the duration of th

My preferred solution is actually to force the original beneficiaries of the debt origination to carry a "lowest priority" fraction of it for the duration of the loan - somewhere from 5-20% should be sufficient. Once schools need to carry responsibility for the full repayment of the student loans, they'll have an incentive to minimize the size of the loans.