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A comment on U.S. Stepping Up Enforcement on Delinquent Student Loans. Parent comment

Re:U.S. Stepping Up Enforcement on Delinquent Student Loans by mikeash on Sunday May 12, 2019 @09:41PM (#19895847)
The point of credit scores isn’t to punish the borrower, it’s to allow future lenders to better gauge risk. No value is destroyed when you put a negative mark on someone’s credit report.

Revoking degrees would be equivalent to burning down houses in foreclosure. Such destruction of value is obvious madness.

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Re:U.S. Stepping Up Enforcement on Delinquent Student Loans by nordsieck on Sunday May 12, 2019 @09:59PM (#19895913)
> Revoking degrees would be equivalent to burning down houses in foreclosure.

While I agree with your larger point, I think this particular bit is a little weak.

A revoked degree can easily be un-revoked, while a burned down house needs to be re-built from scratch. This is why it is socially acceptable for schools to withhold transcripts for students who owe money to the school.

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