So you are against the ability for people to declare bankruptcy then? Many boomers that spent beyond their means and lost their homes in 2008 were able to walk

So you are against the ability for people to declare bankruptcy then? Many boomers that spent beyond their means and lost their homes in 2008 were able to walk away from their loans. While they had a house to "give back", that asset probably lost 50-300K depending. Many people every year get expensive medical care and are unable to pay it off. They cannot "give back" a medical procedure, so the cost is written off and/or they declare bankruptcy. This negatively affects everyone else that pays for healthcare. But when it comes to education, it's a different story? I have a feeling the different story is: educational debt primarily effects the young, housing/medical debt primarily effects the older generations. Educational debt used to be like other debt, but then the boomers went to college and got into positions of power...