While I do believe their needs to be recourse for people who were CONNED into going to schools who had no actual educational merit to them... The general case of I quite school so therefor I should be forgiven the debt I signed up for is nonsense.
There is recourse for students who were conned. There is Borrower Defense relief for schools who broke state/federal laws, and Closed School discharge for schools that close down suddenly, and False Certification discharge for schools that let in students without HS degrees or involve identity theft etc. And more.
But. . .buyer beware.