Interesting article in the NYTimes about a group refusing to pay back student loan debt--The Corinthian 15. How long until UoP students balk at paying back the debt associated with a worthless degree, and then how will the government respond?
I don't think they will have a choice, the government will side with the corporations--even if it means siding with schools the HELP committee and others would like shuttered.
What it may do is shine more light on the school and shrink enrollment further. Of course, it could induce the leadership of the school to change the model--but that is unlikely!
LINK: http://www.nytimes.com/2015/02/28/opinion/a-strike-against-student-debt.html