Those with just Bachelors degrees still make almost twice as much as those without (average 38k vs 64k). And their median net worth is more than 2x those with just HS diplomas (74k vs 198k). Arguing that the poor should help bail out those more wealthy than them is extremely regressive any way you slice it.

EDIT: To those saying 'why not just tax the rich more': That comes at the cost of (again) more equal and broad uses for that money - that doesn't make a regressive policy less regressive it just pushes the can down the road. We're talking about a 1.7T bailout for just 12% of Americans with far higher than average earning potential.