Allowing students to bankrupt out of these loans, concurrent with putting this lending back into the private sector where it belongs, is a great way to stop college cost inflation dead in its tracks.
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This is dumb. You borrow the money - you pay it back! No one forced you to go to expensive schools and graduate with “no work” degrees. It is your responsibility
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God I hope so. I'll declare bankruptcy on graduation day. I'll have PLENTY of time to rebuild my credit (since it's already crap) and start saving.
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You, and those like you, are the reason this won’t happen. If you are smart enough to get a degree, you are smart enough to read the loan. That being said, the government should never have been in that business and I consider the loans indentured servitude.
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Or, just maybe, more accountable. They won’t be more expensive for everyone, just those unlikely to repay. Just like any other loan.
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People take out student loans to gain skills to make themselves marketable. The loans thus represent a commodity that is traded during the life of the person who obtained them voluntarily. However they ultimately perform, the gain or loss is the borrower’s personal responsibility
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Not a good idea the government would be left with the bill a massive one.
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They should nullify them as non-binding given they are signed via undue influence/ duress.
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What NOT to do after graduation
http://business.theinvestorsmith.com/2018/05/09/college-grads-what-not-to-do-after-graduation/ …Thanks. Twitter will use this to make your timeline better. UndoUndo
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