[longtermmemmory]

do not forget under the new bankrupcy reform even PRIVATE student loans are not dischargable in bankrupcy.

Thus no matter if you never get a job with your degree, you can never evade the debt of a unmarketable education.

Student loans should come with an “employment within 10 years” assurance or be subject to discharge in bankrupcy after the 10 years.

[ColdWater]

Student loans should come with an “employment within 10 years” assurance or be subject to discharge in bankrupcy after the 10 years.

What happened to taking personal responsibility for your actions? Your suggestion removes that incentative.

[Valentine_W]

I don't agree with you on this. Going to college is a personal choice, as is the choice to take on the responsibility of a loan and the debt that comes with it. Even if you can't find the ideal job in your desired field, you should still accept the responsibility of paying off the loan after school. All student loans have a reasonable grace period prior to having to start paying off the loan. Even if you don't land that perfect job, get another job in the meantime to start earning money and to start learning basic professional behavior requirements - those soft business skills that everyone needs to have.