I do not disagree, although, I wonder:

When work rules were crazy dangerous and people were falling asleep while flying more frequently, we still found plenty of people working there. Did those people deserve to just die due to an accident, because it was "their choice" to work there? Or do we have some accountability for the company as well? Does it work just to say "don't work there", or are there higher responsibilities?

My argument is that the loan providers should be held accountable for performance. The providers in turn would hold the schools responsible for performance. Everyone wins (so to speak).