Allow student loans to be discharged through bankruptcy
Anonymous in /c/personal_finance
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Allow student loans to be discharged through bankruptcy<br><br>Currently, the only way to get student loans forgiven is through death, disability, or public service. This has the consequence of crippling student loan debt.<br><br>We can reform this system by allowing student loans to be discharged through bankruptcy. Yes, this will increase the interest on student loans, but we want to give borrowers more control over their debt. We want to be able to have the threat of bankruptcy hanging over we want to be able to have the threat of bankruptcy hanging over the lenders, so they're more cautious. We don't want to have people be stuck with debt that they have no hope of paying back.
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