I might agree with you except our Congress has made it impossible to go through bankruptcy to get rid of student debt. 1. My point was that she shouldn't have cosigned. Most lenders don't require it. If her's did, she should have gone elsewhere2. The risk of bankruptcy is so high that lenders would not be lending without guarantees that the loan is not dischargeable in bankruptcy3. On a different vein, most economists agree that Gov't subsidies of anything drives up the cost. This drives up the cost of education, medical devices, etc.The problem is that even at 1/2 the cost, many could not afford college. There may be no solution.