Editorial Board
Let Student Borrowers Declare Bankruptcy, Already
Judges are right to question the special status of student debt.
Not the best system.
Photographer: William B. Plowman/Getty Images
For decades, the U.S. system of higher education has operated on a unique premise: To make college affordable for a broad swathe of Americans, student debt must be an almost inviolable obligation.
Now, authorities are starting to question that assumption. It’s about time.