Discharging (Some) Student Loans in Bankruptcy

I've said it many times but never as well as Melissa Jacoby does here. There is no moral or policy reason to exempt private student loans from the bankruptcy discharge. In fact, as I've asserted, the policies supporting dischargeability augur in favor of returning the scope of the bankruptcy discharge to its pre-2005 contours.

What's even better, Professor Jacoby believes the political momentum for such a change is building.

For a few of my tirades on the topic go here, here, and here.