[Gnome1949]

The solution is right in front of our faces.

Universities and colleges got all the money the students borrowed in student loans. The schools sit on BILLIONS of dollars in endowments.

Seize the endowments and pay off the student loans. It can be done as restitution on the basis of fraud in massive federal, civil, class-action lawsuits.

The students received worthless degrees they cannot use to improve their income needed to pay back their student loans.

[Svartalfiar]

The students received worthless degrees they cannot use to improve their income needed to pay back their student loans.

To be fair, a lot of these kids chose the worthless degrees, it's not entirely the colleges' fault!

[cgbg]

“Seize the endowments and pay off the student loans.”

I would be more targeted—claw back from each school every penny on unpaid student loans.

Make it the school’s liability.

If some schools go bankrupt as a result...good!