Bankruptcy relief on student loans isn't just fair, it's the first step to a more functional market in higher education.

CNN: Obama should push bankruptcy relief for student loans

Truth in lending requirements don't apply to federal student loans, they're not subject to bankruptcy protection.

NPR: Cost Of Medical School Rises In Recession

Ms. Jones, who works for a company that manages corporate-benefits plans, said she fell behind on her student loans after she found she couldn't afford to go back to Northeastern and her loan payments started kicking in.

WSJ: Third of Student-Loan Debt Belongs to Subprime Borrowers