[PUGACHEV]

Congress should reverse the tread it has taken for the last thirty years of making student loans all but non-dischargeable, and go back to how student loans were treated in the Bankruptcy Code of 1978.

[PUGACHEV]

Sorry, “tread” = trend.

[MaxMax]

Maybe limiting student loans to say 5k per year? It would certainly change the
curriculum of anti-Capitalism in the Colleges when kids have to work for
their education. I worked two jobs for my stab at it.

[no-s]

go back to how student loans were treated in the Bankruptcy Code of 1978.

I agree. No debt should be exempt from bankruptcy. This doesn't mean excusing fraud, but if you lend money to someone with no security you shouldn't expect the government to cover your play by preventing complete debt discharge and forcing the debtor to pay after bankruptcy. Gov't debt as well should be limited to what can be recovered at the time of the bankruptcy and no further.

Seems like we're slowly but surely bringing back debt slavery and indenture. History is replete with examples of why this is bad for everyone, including would-be tyrants.