Banks are in business to lend..if they do not lend then people complain that it is not fair. It is a no win situation as far as loans go for college unless the people stand up and take responsibility for their own debt and make smart choices. No one told these people to go out an get a loan. If they feel it is necessary to go to college ..then work for it. Pay as you go..or get better grades , an internship or save for it while you are living at home. I have a son who right now holds down a job and goes to college. He pays for his classes as he is going and has no student loans and I do not pay for his college. The choice is his and his alone. I help him out by having him stay at home and contribute by working around the house and picking up Milk and items he can afford to help out with. I do agree that no one should bail out the banks..that is part of the risk of handing out money for people to use.