[Vigilanteman]

Simple solution: Transfer the loans back to the educational institutions where they originated. They have these choices:

1. Write them off or use their original endowments to pay them off.
   
2. Collect them from their students by withholding transcripts or even revoking degrees.

   If it was a useful degree, then the student has every incentive to come up with a payment plan to keep the degree. If not, then maybe the institution deserves to take the loss for peddling a worthless product.

[Lonesome in Massachussets]

Congress has no business making student debt transferrable, ex post facto. They could require in the future that the institutions accepting students who take out government loans cosign going forward, with the institution paying the government in full, and recover what they can from the borrower.

[frogjerk]

Great post

[EQAndyBuzz]

“ Simple solution: Transfer the loans back to the educational institutions where they originated. They have these choices:”

Everyone is accountable. That’s how it should work. If the institution has no stake in the game then what’s the point?

[rod5591]

“Simple solution: Transfer the loans back to the educational institutions where they originated. They have these choices:
Write them off or use their original endowments to pay them off.
Collect them from their students by withholding transcripts or even revoking degrees.
If it was a useful degree, then the student has every incentive to come up with a payment plan to keep the degree. If not, then maybe the institution deserves to take the loss for peddling a worthless product.”

Brilliant idea!

[guest7]

"Simple solution: Transfer the loans back to the educational institutions where they originated."

A "Simpler solution"; after President Trump is elected again, have the government process the applications, real sloooowww. And never approve any of them.