In summary: Allow private student loans once again be dischargeable in bankruptcy.
Basically, I am suggesting that judges can have the authority in bankruptcy court to allow people filing Chapter 7 or Chapter 13 to be able to reduce their private student loan burden.
I am not suggesting to eliminate 100% of it, but I am suggesting that bankruptcy court judges have the option of reducing the burden to a manageable level of student loan debt.
Currently, private student loan lenders do not have any desire or inclination to work with people who have private student loans. They will call you incestantly, threaten to garnish your wages, levy your bank accounts, etc. And, they will not work, in any way, with student loan debts. Since they are protected by law, they could care less.