Depending on your age, you may have been able to discharge any debt you acquired after graduation, which made it nuts for anyone to loan you money. The reasons

Depending on your age, you may have been able to discharge any debt you acquired after graduation, which made it nuts for anyone to loan you money. The reasons for making student loans non-dischargeable was based on a theory that only rich students would be able to go to college. However, I think experience has been a very harsh teacher that we got something much worse out of that bargain than we thought.