Student loans in default to be referred to debt collection, Dept of Ed says

Re:Student loans in default to be referred to debt collectio... by toomuchtodo on Tuesday April 22, 2025 @09:38AM (#43762035)

Did you incur that debt because your country is dysfunctional, doesn’t provide education at a reasonable cost, and you were told it was the only path to a good job? Probably not.

[argument withdrawn]

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Re:Student loans in default to be referred to debt collectio... by hiatus on Tuesday April 22, 2025 @09:44AM (#43762100)

I have plenty of friends that graduated from state schools and incurred no debt, all in the US. Does that invalidate your points about the inability to get an education at a reasonable cost?

> I’m sure you’d have no problem burning millions of dollars of VC funding on a low value business idea, as if that would be of superior economic value.

You know absolutely nothing about me.

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Re:Student loans in default to be referred to debt collectio... by justinrubek on Tuesday April 22, 2025 @09:48AM (#43762150)

State schools aren't some magical catch all free education place. You might know some people who pulled it off but there are a lot of us that didn't.

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Re:Student loans in default to be referred to debt collectio... by hiatus on Tuesday April 22, 2025 @09:50AM (#43762173)

I know several people that went to school in NJ. I just looked up the costs and it's < $10k/year. That's pretty reasonable and NJ is a high cost of living state. No one said there is a magical catch all.

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