one, I am with Dude on the securitization of student debt. Debt is debt is debt in securitization. It doesn't have to go up or down, the debt servicing just needs to be paid for the investor to be happy.

Second, didn't I say, in more layman terms, that debt relief should be tied to majors? Though I gave the example of engineering.

Job prospects are tied very closely to the major and school you attend in China and people know it. They focus on the job prospect. They take engineering or computer science. They take multiple languages on the side to enhance their prospects.

They do not have a bunch of people going to a liberal arts college and then say, "what kind of job is out there waiting for me?"