[dragonwriter]

> Students aren't allowed to declare bankruptcy on their loans now

If you mean they can't discharge the loans when they declare bankruptcy, this is a popular myth that, while it has some relation to fact, is not actually true -- it is difficult to discharge student loans in bankruptcy (and more difficult for some than others), but they are not impossible to discharge.

See, e.g., http://www.usnews.com/education/blogs/student-loan-ranger/20...

[umanwizard]

Interesting! I didn't know about the Brunner test. Suggest everyone read the link you posted.