the problem with our government ‘forgiving’ student loans is not only that many struggled for years to pay their debt off, and expecting them to now pay off someone else’s debt is unfair. it’s that colleges should be held accountable for this.
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bankruptcy needs to be allowed again, but only in conjunction with removing the state from the business of providing loans. people with skin in the game need to be assessing lending risk. this would dramatically correct the cost of higher ed overnight.
