To bailout/forgive student loans for those that have students loans both in repayment and in default.

Student loan debt is preventing a whole generation from achieving the American dream. We are overloaded, and for those that are in default they are basically serfs. It is the only debt one cannot file for bankruptcy. Preventing things such as home ownership, car loans, renting in a good neighborhood, to even preventing some from getting a good job. It is time to free our nation from all this debt. I propose that all student loans be forgiven, subsidized, unsubsidized loans including those that are in default. This would actually be good for the economy freeing up millions of people that would in turn stimulate the economy. If we can bailout Wall street which did the wrong things we can bailout students who did the right thing in trying to better themselves and be productive citizens.