> Student loans would dry up overnight if they could be discharged at bankruptcy. No, more likely they would be priced - both in amount lent and interest rate

> Student loans would dry up overnight if they could be discharged at bankruptcy. No, more likely they would be priced - both in amount lent and interest rate - according to the value of the "asset" they're purchasing. There's a reason why home mortgage and car loan rates are 3-4% while random credit card rate is 16-25%. One is used to purchase something that has long term value and may be used to create value or enable you to make money while the other one is used for Netflix and Big Macs. I'm waiting to see how things shake out in the next couple weeks. Many colleges require freshman deposits on May 1st. We don't know a) how many are coming back into physical session in the fall and b) how many parents will tolerate paying for an online degree. The next 12 months could crash the system.