It sounds like given all of the above, cutting down the bridge top to the point where there is a little room to move the adjusters either way would be the best option, no?
I'd think so. You'll need to have the top reshaped/reslotted anyway, to match the fingerboard, so why not just take the material out there. I would ask them to make sure the feet fit to the top of the student's bass, and then set the string heights to whatever he likes, with the adjusters raised a turn or 2...