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A comment on Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges. Parent comment

Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by gdix on Tuesday March 20, 2018 @07:25PM (#16633782)
> if you declare bankruptcy to evict student loans, you are ineligible for retirement account contributions like IRA and 401ks for the 7-10 year window.

That's something that a large percentage of people do anyway. What a strange and poorly-thought-out suggestion.

[ Parent | on HN ]
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by lightbyte on Wednesday March 21, 2018 @09:36AM (#16637854)
It's also a sure fire way for the public to have to spend even MORE on social programs since you'll be even more likely to reach retirement with zero money.

What good could possibly come from intentionally banning someone from saving for retirement?

[ Parent | on HN ]