this is the daftest shit I have ever seen I'm not even sure who to be mad athttps://www.wsj.com/articles/mike-meru-has-1-million-in-student-loans-how-did-that-happen-1527252975 …
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https://www.forbes.com/sites/zackfriedman/2020/01/10/student-loans-bankruptcy/#7ed0f5591c67 … Similar to the home loan fiasco. Lenders should have been smarter. Uni charges what the market will bear. "Everythings broken and everyone's lying." My dad died w 60k in credit card debt (gambling) and when they came after me I told them tough luck.
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My guess is that if we make student debt dischargeable in bankruptcy, this problem would largely solve itself. Creating a class of INFINITY SUPER DEBT that lenders can lard on all they want and never worry about creditworthiness was not one of our best policy decisions.
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