Comment Re: Political/Moral (Score 3, Insightful) 305
I'm not sure you understood the GP's point. In fact you seem to have interpreted it completely backwards.
Allowing the companies making the loans to go bust, rather than trying to protect them by not allowing Student Loans to be cleared by bankruptcy is the attenuation that you are looking for. It's sends a clear message to other companies loaning money that there are risks and that they should be filtering potential customers.