Fortunately, none of my student loans are "private" ones as mentioned in the article. I am cutting back on expenses to pay off my federal ones early, primarly b

Fortunately, none of my student loans are "private" ones as mentioned in the article. I am cutting back on expenses to pay off my federal ones early, primarly because student loans can't be discharged in bankruptcy, and I think that things are going to get really bad by the end of 2009. If you're unemployed, a chapter 7 bk is feasible, but very hard to get if employed. And the way that the "reform" was passed a couple years back, less and less chapter 13s are actually getting discharged at all.