Author Topic: Massive Student Debt Threatens Housing Recovery  (Read 274 times)

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Offline happyg

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Massive Student Debt Threatens Housing Recovery
« on: February 18, 2014, 10:28:03 PM »

Offline truth_seeker

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Re: Massive Student Debt Threatens Housing Recovery
« Reply #1 on: February 18, 2014, 10:48:59 PM »
sarcasm

Every child is entitled to a college education,(because first they need it to learn the material they didn't have to know for social promotion from high school.)

Degrees in art history, sociology, psychology are great for minimum wage jobs.
 
end sarcasm
"God must love the common man, he made so many of them.ÔŅĹ  Abe Lincoln

Offline Oceander

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Re: Massive Student Debt Threatens Housing Recovery
« Reply #2 on: February 18, 2014, 11:09:05 PM »
Very simple solution:  remove the restrictions on discharging student loan debt in bankruptcy - one could even keep an initial 7-year restriction in place so that sly individuals don't immediately file for bankruptcy right after graduation.

There is no earthly reason why student loan debt should be treated any differently than ordinary business debt.  If the latter is dischargeable, then so should the former.


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