Re:Soaring Student Debt Prompts Calls for Relief
by morgante on Tuesday September 13, 2016 @08:10PM
(#12493310)
> Punishment is a consequence for your actions.
Right. That's why I said I was being punished for choosing to avoid loans. It's what makes loan forgiveness such a moral hazard: we discourage people for making the financially prudent decision to avoid crippling debt.
If I had instead borrowed money to finance my education, I could have gotten it forgiven and avoided this punishment.
Right. That's why I said I was being punished for choosing to avoid loans. It's what makes loan forgiveness such a moral hazard: we discourage people for making the financially prudent decision to avoid crippling debt.
If I had instead borrowed money to finance my education, I could have gotten it forgiven and avoided this punishment.