News for hackers. Stuff that matters.

A comment on U.S. To Forgive at Least $108B in Student Debt in Coming Years. Parent comment

Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by adrianN on Wednesday November 30, 2016 @09:11AM (#13070803)
The difference is that you can't clear student loans by going bankrupt AFAIK.
[ Parent | on HN ]
Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by theli0nheart on Wednesday November 30, 2016 @09:22AM (#13070900)
While that's completely true, my point stands. If loans don't need to be repaid, what's the point? Why just give up the ruse and make college free for everyone? I'm not proposing this at all, I'm just saying this is a slippery slope and the difference between the two is minimal.
[ Parent | on HN ]
Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by ant6n on Wednesday November 30, 2016 @09:36AM (#13071035)
Going bankrupt doesn't have zero costs associated with it.
[ Parent | on HN ]
Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by theli0nheart on Wednesday November 30, 2016 @10:05AM (#13071287)
The linked article in this post doesn't mention anything about the borrowers needing to file bankruptcy.
[ Parent | on HN ]