It must be understood that making them dischargeable would make student loans unfeasible - the lending rate to adjust for the risk would be so high that unless

It must be understood that making them dischargeable would make student loans unfeasible - the lending rate to adjust for the risk would be so high that unless it were subsidized it would be impossible to pay. It would give the people a way out today - a few years of bad credit sure, but worth it if you are really underwater with them.