Regarding student loans, yes, you are technically correct that they are dischargable in bankruptcy. However, the standard for federal student loans is that the borrower must be in a situation where there’s literally no hope of ever paying them back in order to qualify. This makes them _de facto_ nondischargable.
Private loans, IIRC, are dischargable with a lower standard, but it escapes me what the standard actually is.
Private loans, IIRC, are dischargable with a lower standard, but it escapes me what the standard actually is.