Oh please... some of you really do need to get off your moral high horse! the bloody banks got us into this mess buy being generally greedy and incompetent at everything they did, not from little timmy posting a 100k writedown to their balance sheet... these are the same banks who smugly used to lord it over everyone about how many billions profit they made.
TBH, loans that you get for attending integrated courses are mostly secured anyhow so if the young ruffians can't pay i guess their parents will be forfitting propety etc.