The 'fix' for student loans if for the schools to 'co-sign' the loan with the student. The student can only discharge the dept back to the school after X number of years of paying Y% of their salaries towards the loan. You figure out the X and Y with some negotiations but the end result is if you go into a field where there is no way to pay off the loan in X years paying Y% of the salary then the school should never have loaded you the money in the first place. One of two things happen, schools either don't give out loans for those majors anymore or they reduce the cost of the major. No longer are kids getting 100's of thousands in student loans for art history because the school will end up eating that cost in X years.