Judge says Citibank's law-school loan isn't "student debt" and can be discharged in bankruptcy

The most toxic debt in America is student debt: your student loans (originated by universities, backed by the federal government, and handed off to banks, who securitize them) are subject to virtually unlimited (and uncontestable) penalties and fees, and are immune to bankruptcy, and are the only form of debt that can be taken out of your Social Security. (more…)