Not in general, but in a college course setting, perhaps the students should be required to put their keys on thumb drives that they put in sealed envelopes with their names on them, and hand to you for safe keeping at the beginning of the semester, right after they create their Hive accounts. When final grades have been asigned, they get their envelopes back. Not elegant, nor automated, but at least it might be effective, till a better solution can be implemented.
The biggest obstacle for Hive reaching a broader audience is precisely that "the password thing is too complicated!" We live in a "log in with Facebook" world.
=^..^=
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That’s why an elegant solution for key management coupled with HiveAuth could upend the world.
I’ve kinda done that. This semester I created their accounts for them, using my own Account Creation Tokens. The i give them their Master Password and tell them how to reset their Master Password and retrieve and store their private keys.
That way, my account is the recovery account, so I should theoretically be able to help them reset their keys if they lose them. I haven’t done this yet, in practice, though.