No, you can't discharge a student loan debt in bankruptcy. You can and many do default on it by failing to make repayments. You can't squeeze blood out of a turnip. If they don't have the money and don't have wages to garnish it's the govt. that takes the hit. That's all federally insured means now.
I beg to differ.
The govt can't take shit. They don't create wealth. We, the working non govmt employee net taxpayers "take the hit."