re: A Common Sense Approach to Dealing with the College Debt Crisis

Make the schools and/or the state responsible for part of all federal loans to the school. Have the fed government back a set amount per student at a specified interest rate and loan that directly to the school. The school then sets the student loan interest rate and loans it to the student. Ultimately it is up to the school to repay the fed loans.

Take in too many liberal degrees with no chance of repayment and the school goes under.