I'll say it again and keep saying it: the solution to all the problems with higher education, all of them, is to allow student debt to be discharged through ban

I'll say it again and keep saying it: the solution to all the problems with higher education, all of them, is to allow student debt to be discharged through bankruptcy. Very rarely dies one problem systemically rot out entire institutions, and so very rarely do you find such a huge mess can be cleaned up with a simple solution. But in this case it happens to be true. Student loans should not be special compared to other debt. The fact that they are has destroyed the value proposition of higher education and simultaneously made it unbelievably expensive. They teach garbage and gouge kids who have no understanding of the debt load they're taking on. Indentured servitude for nothing of value on return. If it could be discharged through bankruptcy, a university would have to offer it's students their dollar's worth or risk not getting paid, and they'd have to price an education at what it's worth. Occupy has become too big to fail. But this market will correct, it has no choice, and when it does the result will be catastrophic. Or, we could fix it. Treat student loan debt like any other debt and allow it to be discharged through bankruptcy.