All too often, banks and other lenders hand out student loans like candy to students pursuing degrees that will never see a return on investment.
Therefore, it is proposed that all student loan debt should be forgivable in bankruptcy. The purpose of this is to discourage lenders from handing out loans to students not pursuing degrees that are in demand and will see a return on investment (STEM, Law, Medical, etc), while also giving students who are struggling a way to “start over” in the event their college education does not provide them with new opportunities for gainful employment.