My parente went into a lot of debt at my age, but they were able to file bankruptcy and walk away from it after living the high life for 20 years. I don't have

My parente went into a lot of debt at my age, but they were able to file bankruptcy and walk away from it after living the high life for 20 years. I don't have any student loans anymore but anyone in their 20s or 30s most likely doesn't have the same luxury my parents did.