Is there finally a path to take to get rid of student loan debt? In theory, yes. On November 17, 2022, the U.S. Department of Justice and Department of Education announced new guidance regarding how and when the federal government will agree to discharge federal student loans in bankruptcy. This Guidance represents one of the most seismic changes in consumer bankruptcy practice since the enactment of BAPCPA in 2005. With student loans representing the second largest source of consumer debt in the U.S.