Student Loan Reform on Student Loan Laws

I found this on Facebook:

Donald Trump can file for bankruptcy for losing all of his money in the stock market and making poor business decisions but college students are not allowed to do so with their student debt. The issue isn't that we took out too much money, it's that companies such as Sallie Mae keep trying to screw us in order to make more money on late fees and defaults. It's not fair! So, it's time to organize and make sure people are aware of this issue so they don't make the same mistake I did. I trusted Sallie Mae.