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A comment on U of Chicago projected to be the first U.S. university to cost $100k per year. Parent comment

Re:U of Chicago projected to be the first U.S. university to... by jackcosgrove on Monday November 04, 2019 @09:11PM (#21448968)
Also student loans cannot be discharged in bankruptcy, so there will not be a dramatic crisis triggering writedowns. The digestion of bad loans will take decades.
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Re:U of Chicago projected to be the first U.S. university to... by dragonwriter on Monday November 04, 2019 @09:12PM (#21448972)
> Also student loans cannot be discharged in bankruptcy

Yes, they can, though it's harder than other unsecured debt.

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Re:U of Chicago projected to be the first U.S. university to... by jackcosgrove on Monday November 04, 2019 @09:25PM (#21449026)
It's such a rare event that it wouldn't happen at the scale to trigger a financial crisis.
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