In this day and age of stunningly-profitable for-profit schools using hard-sell tactics to sell middle and low-income students education and training of doubtful value at high prices, it is time to revisit the discharge-ability of student loans in bankruptcy.  

We gave relief to GM and Chrysler. We gave it to AIG.  We give relief to people who consume luxury goods they cannot pay for.  We should give at least a little relief to ordinary people who sought a better life through education or training but were either misled or simply miscalculated, and wound up with student loan debts they cannot hope to pay.   These  people should pay what they can pay over time, but they should be entitled to discharge the rest in bankruptcy.  Otherwise, their lifetime of insolvency and misery will hurt us all.

There has been a bill pending in Congress to fix this since last year.  It's time it was acted on.