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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 CoryG89 on Wednesday November 30, 2016 @09:29AM (#13070965)
> Taking out a loan you don't realistically have the capacity to pay back is irresponsible.

The loan provider is in a much better position to know who will and will not be able to pay back a particular loan.

> If you want to fix the problem, stop subsidizing the loans and allow these colleges to die, shrink or reduce costs.

Perhaps this is better, but seems unrealistic.

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Re:U.S. To Forgive at Least $108B in Student Debt in Coming ... by yummyfajitas on Wednesday November 30, 2016 @12:08PM (#13072463)
The loan provider is in a much better position to know who will and will not be able to pay back a particular loan.

They have no reason to care since the government backs the loans.

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