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Re:Student Debt Lawsuits Are a Lucrative Business by AdamJacobMuller on Tuesday November 14, 2017 @10:40AM (#15695932)
> put the school on the hook

While I agree with that (a lot), you can repossess a degree. The school can choose to disavow knowledge of a student. Employer tries to verify your degree, nope, don't know you. You cannot repossess an education, but you can repossess a degree. How important that is, I'm not sure. Your other solution (clawing back money from the schools for useless/overpriced degrees) is far more elegant IMO.

Re:Student Debt Lawsuits Are a Lucrative Business by Y_Y on Tuesday November 14, 2017 @11:05AM (#15696187)
Apart from being libelous to deny that a student had received an education, they should still be able to demonstrate knowledge, provide a graduation photo etc.
Re:Student Debt Lawsuits Are a Lucrative Business by AdamJacobMuller on Tuesday November 14, 2017 @03:31PM (#15698830)
Ok, so, don't libel.

"We refuse to confirm or deny"

Or

"We see that person in our records, but, we aren't allowed to disclose if they did/did not complete a degree (and what that degree might be) because their account is blocked."

There are lots of ways that it can be tweaked to be legal. I still think it's not as good of an idea as clawing money back from the schools. They created the mess, they can fix it.