> Are people who were defrauded by a private school more worthy of relief than carjacking victims? Arson victims? What about victims of other frauds? Mortgage

> Are people who were defrauded by a private school more worthy of relief than carjacking victims? Arson victims? What about victims of other frauds? Mortgage and car loan issuers always force you to purchase adequate insurance. If you are a victim of arson or carjacking, you won't still owe the lender the full amount of the loan—insurance will make both you and the lender whole. There is no insurance for education though. So someone has to lose money here. The question is, is it better for the student to be out of the money or the lender.