Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W...
by shantly on Tuesday December 10, 2019 @11:16PM
(#21759531)
I'm guessing long-term unsecured debt in five to six figure amounts is ordinarily really hard for an 18- to 22-year-old to get, no matter what they're spending it on, and if they somehow manage it the interest rate would be very high. Making it non-dischargeable was likely intended to fix those problems. (not saying it's a good idea, but I'd imagine that was the plan)
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