[Made In The USA]

I’d agree. A person (or couple) filing for bankruptcy is doing so for a reason. Having an inescapble student loan debt would: 1) Give preference over other unsecured debts which is unfair to those creditors, 2) Possible effect of treating other secured creditors as unsecured, and 3) Fail to help the distressed debtor acheive a fresh start and possibly continue to have financial difficulties.

I’m not looking for bankruptcy to be an entirely free ride, but bad things can (and do) happen to good people.

[muawiyah]

The Great Obama Recession happened to hundreds of millions of people ~ it's still going on. The job market continues to be tight for everyone but welders. Supposed to be a shortage.

Americans lost about 60% of the value of their accumulated wealth.

Existing debts were not reduced 60% of course, so there's less collateral to pledge.

Congress has let the credit crisis languish entirely too long.

A zillion other things.

Tell you what, Obama has got to go ~ sure wish the Republicans thought that way too.