Full consolations in combat sports is pretty much just an American concept. There isn't a push for this (and hasn't been) other than my published pitch for the repechage to expand to at least the semifinal losers to wrestle out to eight spots for potential qualification purposes back in 2013.
Although I do find it amusing that you titled this the same way I explain repechage when not in a professional setting. "A French word that means ... completely stupid."
I'd prefer a full consolation, but it's not something the international federations seem interested in to even bring it up for consideration. From a timing situation, international matches average about 5 bouts an hour, so how many more matches are you going to add on the four mat (won't be changing) format?