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A comment on Judge rules that student loan debt is dischargeable in bankruptcy. Parent comment

Re:Judge rules that student loan debt is dischargeable in ba... by mamon on Sunday January 12, 2020 @05:13PM (#22029914)
>> I'm still left wondering- what is the reason that bankruptcy exists at all.

Because society decided that people should have a way out of bad financial situation they've gotten into, quite often for reasons beyond their control (e.g. car accident that leaves them unable to work for a long time, and with huge medical bill to pay).

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Re:Judge rules that student loan debt is dischargeable in ba... by ethbro on Sunday January 12, 2020 @05:26PM (#22030003)
Aka preventing debt slavery.
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Re:Judge rules that student loan debt is dischargeable in ba... by chrisseaton on Sunday January 12, 2020 @05:27PM (#22030018)
> car accident that leaves them unable to work for a long time, and with huge medical bill to pay

Lol society should have decided to go with out-of-work benefits and free-at-the-point-of-use healthcare instead.

It'd be better for the creditors as well who wouldn't get left hanging!

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Re:Judge rules that student loan debt is dischargeable in ba... by martin_a on Monday January 13, 2020 @05:09AM (#22033209)
Free healthcare? Where would that end? In something like communist Europe? Beware of that! /satire
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