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A comment on Half of the US government's financial assets are student loans. Parent comment

Re:Half of the US government's financial assets are student ... by IncRnd on Friday January 12, 2018 @04:58PM (#16136694)
1) The loans that are being discussed are not owned by private banks, so even if 100% were defaulted there would be no bailout of banks needed.

2) There are no blood debts in the US. Debts are NOT passed on to heirs like property.

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Re:Half of the US government's financial assets are student ... by krapp on Friday January 12, 2018 @05:14PM (#16136805)
>2) There are no blood debts in the US. Debts are NOT passed on to heirs like property.

Not yet, but given the steady rightward shift of American politics I can see it happening in the future.

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