I agree with you, though you should consider means-tested loan bailouts targeting working class people, victims of for-profit colleges, and particularly people with relatively low (compared to NYU grads) burdens that didn't graduate. The median college debt burden is surprisingly low; the problem is that the media is preoccupied by the plights of people like those who work in the media --- high-earning-potential vanity-university graduates.

Relief for NYU students though seems pretty far-fetched.