Sadly... no. Do you know that student loans were dischargeable in bankruptcy until very recently? They were! See http://www2.ed.gov/offices/OSFAP/DCS/loan.ca

Sadly... no. Do you know that student loans were dischargeable in bankruptcy until very recently? They were! See http://www2.ed.gov/offices/OSFAP/DCS/loan.cancellation.discharge.html http://www2.ed.gov/offices/OSFAP/DCS/loan.cancellation.disch... And there was no wave of bankruptcy before this law; the banks merely saw a chance to utterly screw a certain segment of the population. And really, why not change this so you can then market such loans to people who probably oughtn't get them and then ruin their lives for forever?