Re:Americans Are Paying $38 to Collect $1 of Student Debt
by mr_turtle on Friday May 19, 2017 @09:39PM
(#14380578)
Why does the government even pay companies to manage and rehabilitate student loans? Even if a student defaults on said debt, that debt is practically impossible to discharge even if you file for bankruptcy.
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Re:Americans Are Paying $38 to Collect $1 of Student Debt
by xemdetia on Friday May 19, 2017 @10:12PM
(#14380692)
The biggest problem I have seen is people can get into situations that instead of just owing the government the debt starts getting passed around like a hot potato and it becomes increasingly difficult to get a hold of who owns your debt right now.