My stupid son in law got a degree in Psychology (Liberalism 101), is $60k in debt and can’t get a job that pays more than his factory job. He now plans to divorce my daughter and file bankruptcy to get out of debt and start over. I hired the best divorce lawyer in the area for my daughter and now he is 3 CEU’s away from getting a degree from the school of hard knocks.
IIRC, student loans are exempt from bankruptcy protection. Or cancellation/forbearance/forgiveness, whatever the term is. In other words, you can declare bankruptcy but you still have to pay your student loans.
So I hope most of your son’s debt is credit cards or what have you, if the bankruptcy laws won’t fully protect him.
He can’t have his student loan discharged in bankruptcy, in my understanding.
He can have the rest done.
Sadly, I, too have an ex-girlfriend who told me she got her advanced degree in Psychology because “she wanted to figure me out.” She was truly wacko. All our common friends told me from early on I shouldn’t be with her and I unfortunately thought I could help her.