Except you know that wouldn't fly. Banks have a tremendous amount of lobbying power. In 2008, congress should have told banks, "Go sell your loans back to home owners at 75c on the dollar if you don't want to fail," but they didn't. The gooberment absorbed $1 for $1 all the bad debt, which meant the tax payers funded all of that as their houses were getting foreclosed on for outright fraudulent loan agreements.

Federally subsidized loans should be phased out, so schools are forced to layoff 50% of their completely useless administrative staff and focus on offering programs people want at competitive prices.