A new study finds that an easier bankruptcy pathway is allowing distressed student-loan borrowers to discharge debts more often than before. Researchers say simplified proceedings are increasing success rates for borrowers who lack workable repayment options. For higher-education finance offices and policy teams, the findings matter for institutional aid strategy, alumni relations and federal policy advocacy: shifts in bankruptcy outcomes could alter student borrowing behavior, default metrics and the political calculus around loan relief and income-driven repayment programs.