Unless you have the money to cut a deal with a major investment bank (like how paulson worked with GS to short MBS), you could just try to amass as much student

Unless you have the money to cut a deal with a major investment bank (like how paulson worked with GS to short MBS), you could just try to amass as much student loan debt as possible and wait for the government to force lenders to take a haircut. That way, you "win" insofar as the cash you have exceeds how much you have to pay back. But TBH it's a really really bad idea because if there is a 100% federal backstop you will end up losing. You could also short servicers and lenders like Apollo Group (NASDAQ:APOL) and Nelnet (NYSE:NNI). If you asked me for a compelling short in the space, I would say DeVry (NYSE:DV), but do your own due diligence before entering a trade