Friday, March 23, 2012

Agreed

Student loans should be discharged in bankruptcy.

“Student loans, if they are to continue, should be made dischargeable in bankruptcy after five years — but with the school that received the money on the hook for all or part of the unpaid balance.”


Student loans have spiraled shamelessly out of control. And think about whose responsible - a collusion between the college/schools and the government - entities whose purpose is to serve young folks and help them prepare for the tough stuff of real life. Instead, they've crippled young folks with debt so they can build nicer buildings.

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