A college should lose accreditation of more than a small percentage of graduates default on loans.
The federal government should publish data on a web site showing statistics on graduations, defaults, and starting salaries broken down by college and major.
“loans”
Colleges should have to co-sign student loans.
The maximum loan amounts should be degree based (and default and deferment rate capped).
No more than say 70% of a college’s total tuition income should come from loans.
Loans should be secured by college real estate.