I hate the state as much as the next ancap, but wow. What you're advocating sets a dangerous precedent for breech of contract. I agree tuition is inflated, but not all student loans go to tuition. A lot of them go to new cell phones and led tvs. No one is forcing students to take out loans either. There's financial aid for tuition, and jobs for the difference. When you take out a loan, you sign a contract, and breech of contract is NOT in line with libertarianism, whether it's a loan from an individual, a company, or even the state.