>>518724130
What's hilarious is that they wouldn't have any way to put off collections efforts because every last record of the debt and the transaction would be provided to the buyer of the loans, so none of the bullshit proof and documentation they'll demand to try to delay collectors would already be in their hands.
Hopefully they would remain un-dischargeable in bankruptcy.
>>518726468
I suspect a plurality of debt is held by white women for their attempted degrees in not being racist. The plan going forward should instead be that loans must be guaranteed by the endowment of the first institution that accepts loan proceeds for that student. That alone will fix everything.