[46493168]

The questions you have are best put to a judge. The law is not meant to cover every possible permutation of circumstances and motivations.

If student loans are dischargeable in bankruptcy, lenders will price it in or refuse to lend without a gurantor.

[AnthonyMouse]

> The law is not meant to cover every possible permutation of circumstances and motivations.

This isn't a permutations issue. We know the specific shape of the problem: 18 year olds from poor and lower middle class families don't typically have existing assets with which to secure a loan, so if they can't secure it with their future earnings, they can't get one, and then they can't afford to go to college.

> If student loans are dischargeable in bankruptcy, lenders will price it in or refuse to lend without a gurantor.

That's the problem. The inability to discharge them allows the borrower to get a much lower interest rate than they otherwise could for unsecured debt issued to someone with minimal credit history, or find someone willing to loan them the money to begin with.

It was set up this way so that people could go to college.