News for hackers. Stuff that matters.

A comment on Student Debt Lawsuits Are a Lucrative Business. Parent comment

Re:Student Debt Lawsuits Are a Lucrative Business by Thorncorona on Tuesday November 14, 2017 @11:28AM (#15696455)
That's a terrible argument. Even in the 1600s where indentured servitude was commonplace, the system was essentially slavery, with comparable death rates. Hell America had a rebellion because of white slavery - Bacon's rebellion.

We got rid of slavery because of the social impact and also because of the moral implications. There's no reason to bring it back in another form.

[ Parent | on HN ]
Re:Student Debt Lawsuits Are a Lucrative Business by geggam on Tuesday November 14, 2017 @11:53AM (#15696720)
Its not an argument. Its an observation of the existing monetary system.

When you borrow on your future earnings you are essentially putting yourself in indentured servitude to the banks.... and this is your choice.

No one forces you to do this.

[ Parent | on HN ]