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I think the 14th amendment provision cited refers to government debts. Most debts to the government are nondischargeable in bankruptcy and are paid ahead of other creditors as priority debts. And student loans, while classified as unsecured debts, are still nondischargeable.
Commented Nov 22, 2012 on The 14th Amendment Meets the Bankruptcy Code at The University of Chicago Law School Faculty Blog
The 14th Amendment Meets the Bankruptcy Code
The danger of blogging—especially late on Friday in the Summer—is that it is too easy to jump in on issues that you haven’t considered fully, but I guess that is one of its joys as well. As an outsider to constitutional law, I have found the discussion of the 14th amendment a tad odd. Section 4 ...
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Nov 21, 2012
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