Re:On average, skipping college and investing tuition costs ...
by prostoalex on Monday June 05, 2017 @03:37AM
(#14485897)
> Privatize student loans entirely, and give them eligibility for bankruptcy.
Considering most college graduates have nothing but tons of debt behind them on their graduation day (and that's if they graduate, a fairly big maybe in the US), the incentive to declare bankruptcy the day after graduation is extremely strong.
No private investor is going to rush to profit from this questionable opportunity, and aspiring college student will be left with advice to "work a few years, save up, and then see what happens" or "talk to your parents about home equity loans".
Considering most college graduates have nothing but tons of debt behind them on their graduation day (and that's if they graduate, a fairly big maybe in the US), the incentive to declare bankruptcy the day after graduation is extremely strong.
No private investor is going to rush to profit from this questionable opportunity, and aspiring college student will be left with advice to "work a few years, save up, and then see what happens" or "talk to your parents about home equity loans".