I once heard about Malaysia's plan to ban medical degree due to doctors overload, I supposed it would be a preventive action against current economic status. In a away, I would say it's better if compared to the New York City teachers layoffs based on reversed seniority...demonstrations would follow.
I'm sure there are plenty of other solutions...still, it's a solution to a culpable result. Thus the solution, however creative, will never be satisfied by sinners, because any good solution would be in the form of a punishment of which the partiality is often shifted. Balance must be kept.