The trick to getting around student loans is simple:

1. Open lots of credit cards

2. Take out cash advances on the cards

3. Use the cash to pay off your student loans (or just pay for college directly, using the cash)

4. Pay on credit cards until the interest has ballooned out of control and you can't pay them anymore

5. Declare bankruptcy and default on all your debt

If someone should be able to buy a house and cars and toys and shoes and designer clothes and then just declare bankruptcy and walk away from their debt totally free, why shouldn't you be able to do the same for other types of debt?

Why do we treat educational debt as the one type of debt that is able to enslave you for the rest of your life, while it's ok to default and walk away from debt caused by crazy consumer spending?