And, as has been discussed in another area of this thread, repossession of a college degree is possible. I'm not advocating it, but it would have a definite eff

And, as has been discussed in another area of this thread, repossession of a college degree is possible. I'm not advocating it, but it would have a definite effect on incentives on both sides when making decisions about which college to attend, what degree to study, how much debt to borrow, and whether or not to repay it. If student loan debt were bankrupt-able, and the degree revoke-able, I can see how that might remove some current problems (not that it wouldn't introduce others).