This is pure anecdata. Based on the government's own numbers discharge of loans through bankruptcy was not a big issue when it was outlawed: > The Commission o

This is pure anecdata. Based on the government's own numbers discharge of loans through bankruptcy was not a big issue when it was outlawed: > The Commission on the Bankruptcy Laws of the United States recommended to Congress that educational debt be exempt from discharge in bankruptcy. The Commission made this recommendation despite evidence showing that less than 1% of federal student loans had been discharged in bankruptcy.[1] Meanwhile, corporate America seems to have no moral qualms about stripping assets from a company, loading it with debt, and then going into chapter 11 to screw the creditors[2]. I don't see why we should hold students to a higher standard than highly paid executives. [1] https://www.tateesq.com/learn/student-loan-bankruptcy-law-history https://www.tateesq.com/learn/student-loan-bankruptcy-law-hi... [2] https://www.retaildive.com/news/the-story-of-toys-r-us-bankruptcy-is-still-unfolding-and-it-still-matters/617429/ https://www.retaildive.com/news/the-story-of-toys-r-us-bankr...