In 1998, the gov made it impossible to discharge federal student loans through bankruptcy except upon death, disability, or public service. The gov did provide certain measures to change payments then such as forbearance, economic forbearance (no interest for 3 years), and payment change. In 2005 private student loan originators lobbied to have the same privilege as federal loans of no discharge through bankruptcy. The difference for private student loans was their are no alternative measures. Either you pay or???
Watch and listen to Senator Warren deconstruct a banker.