How America's universities became debt factories

Re:How America's universities became debt factories by jancsika on Saturday September 14, 2024 @01:32PM (#41541334)

> If student debt is dischargeable and the government guarantee is removed or dramatically reduced, pretty much all problems are “solved”.

Chesterton's fence definitely applies here.

If you don't understand what that law attempted to prevent in the first place, you're just going to get your pocket picked by a different group of people.

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Re:How America's universities became debt factories by freshtake on Saturday September 14, 2024 @01:36PM (#41541368)

Yep, exactly. Current situation is clearly bad, but most of the solutions seem to focus around the idea that dismissing trillions of dollars in debt through bankruptcy is a great idea (it isn't)

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