[TurboZamboni]

Why isn't it now?(my assumption is because the gubmint holds most of the student loan debt and therefore the gubmint wants their money) And since the gubmint is now the primary loaner (and collector ,too) and they're the primary pusher claiming everyone should go to college(both R's and D's in Congress are always making this claim), they see the lemmings all getting their degrees and a guaranteed source of future income for The State and guaranteed jobs for the tenured Statists, not to mention a good place to continue indoctrination if the kids didn’t get enough in K-12.

[CharacterCounts]

The main reason student loans are not dischargeable is that nearly all recent graduates qualify to file bankruptcy. If they were allowed to file on these many students would file bankruptcy immediately after graduation.

Perhaps a minimum waiting period (say 8 years) before they became dischargeable would be a compromise.

[9YearLurker]

A lot of student loans were bad loans to start.

Take away the greater powers to recover and they’re horrendous loans: people would simply go through bankruptcy instead of paying them off, then wait a few years before buying houses and going ahead with life as if nothing happened.

[Mike Darancette]

Knew of a Bankruptcy lawyer who paid off all his and his wife’s student debt with American Express and other cards then declared BK.