Which would be a solid knock-on effect. Though I don't think this would be useful for reversing the trend in increasing tuition, nor would it undo what's already been done. Investors are greedy bastards by definition: while they may not act like they have unlimited cash reserves as the government does, there would still be incentive to continue jacking up tuition... shit, this model might even amplify that trend. Oh Christ, and then you get the government involved in regulation, with some kind of "you can't deny this service to students pursuing useless degrees and/or with terrible academic backgrounds," and you get the subprime mortgage crisis all over again. Would there be a sensible way to head that off at the pass?