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A comment on The New 30-Something. Parent comment

Re:The New 30-Something by ttul on Monday March 04, 2019 @02:52PM (#19304673)
I wonder if going bankrupt now (prior to a recession) is a good strategy because it means you will emerge from it sooner than the bulge of others who become bankrupt after the recession. Serious point...
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Re:The New 30-Something by otoburb on Monday March 04, 2019 @04:25PM (#19305695)
That is a viable option for many types of debt, but some forms of student debt cannot be discharged under bankrtupcty[1]. There is no easy answer here, because the immediate first-order reaction to questions about blanket student loan forgiveness is the inevitable moral hazard angle.

[1] https://qz.com/1367412/1-5-trillion-of-us-student-loan-debt-...

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Re:The New 30-Something by cheeko1234 on Monday March 04, 2019 @03:32PM (#19305075)
What makes you so sure a recession is coming?
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Re:The New 30-Something by ttul on Monday March 04, 2019 @03:38PM (#19305150)
Recessions always come. Timing is of course impossible to predict.
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Re:The New 30-Something by cheeko1234 on Monday March 04, 2019 @03:48PM (#19305266)
Obviously.

Your comment seemed to imply a recession incoming sooner than later and was wondering if you had a source.

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