It doesn't sound like the students have as big a problem as the LENDERS do! Why don't the students just not pay the bill and file bankruptcy? If the loans aren'

It doesn't sound like the students have as big a problem as the LENDERS do! Why don't the students just not pay the bill and file bankruptcy? If the loans aren't government loans that aren't bankrupt-able, then I think we have identified the problem right there. What we need to do is ensure that lenders bare the full cost of lending to people who likely will not be able to pay them back.