If you're in university right now, wouldn't the smart play be to take out loans even if you could pay? Why pay when you can get your debt forgiven?
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Replying to @danbucholtz
It's hard to know how to read this: - cheering on affordable college? - debt morality play? - misattributed fiduciary responsibility in lending?
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Replying to @slightlylate @danbucholtz
If it's the first, I'm with you, but the answer would be "likelihood of forgiveness is not 100%, and lenders would close tills if it were"
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Replying to @slightlylate @danbucholtz
If it's the second...hrmm... isn't it the lender's responsibility to weigh risks? Borrowers don't employ actuaries, lenders do.
1:02 AM - 25 Jun 2019
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