Student loan crisis calls for mortgage-style flexibility

For a sobering observation about student debt, it’s hard to beat this:

“Bankruptcy attorneys from across the country . . . report that what they are seeing at the ground level feels too much like what they saw before the foreclosure crisis crashed onto the national scene: more consumers seeking their help with unmanageable student loan debt, and with no relief available.”

That line, from a February report commissioned by the National Association of Consumer Bankruptcy Attorneys, echoes a growing concern among economists.