> however they are secured debt so if you discharge the debt you have to give up the asset As the parent said, mortgages are secured debt. Education loans are

> however they are secured debt so if you discharge the debt you have to give up the asset As the parent said, mortgages are secured debt. Education loans are _unsecured_ debt. The difference between secured and unsecured debt is whether exists an underlying asset or assets for the bank to repossess. So, no, your degree will not be repossessed.