This article in the New York Times, in my opinion, makes a good case for why student loans should be more easily dischargeable in bankruptcy (since the discharge of student loans in bankruptcy is practically impossible – that is my “life advice” and not my “legal advice” – by the way). Additionally, if you are a parent who is considering taking out student loans in your name for your child to attend college, I advise you to proceed with caution. The student loan and higher education systems in our country are in need of some major changes.