News for hackers. Stuff that matters.

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 vanniv on Sunday January 12, 2020 @06:35PM (#22030530)
All of which, I guess, says that if student loans can be trivially discharged in bankruptcy, then we should expect that non-government loans will quickly go away, and government loans will start to have a ~100% default rate

(or this judge's decision won't become universally applicable, or the law will be changed to circumvent it)

[ Parent | on HN ]
Re:Judge rules that student loan debt is dischargeable in ba... by MiroF on Sunday January 12, 2020 @07:24PM (#22030816)
hot take: private educational loans largely going away would be a good thing for education pricing
[ Parent | on HN ]
Re:Judge rules that student loan debt is dischargeable in ba... by vanniv on Sunday January 12, 2020 @08:09PM (#22031036)
I think it's the government-guaranteed loans going away that would actually be the good thing for education pricing.
[ Parent | on HN ]