<p>We all should care; let’s hope they win the lawsuit. Just self-interest, actually. How are these students funding their massive debt? Government guaranteed loans, no doubt. While these loans can no longer be discharged in bankruptcy, that doesn’t mean they’ll ever get paid. So who’s stuck with the bill? Every taxpayer, in one way or another. Default on loans to students at for-profit colleges is now at 15%, up from 11% just a few years ago.
So onward to victory!</p>