Yeah ... let the suckers taxpayers pick up the tab. Or create more government debt to replace it.
Great idea. It'll be Yuuuuuuge.
Yuuuuuge debt, at least.
How 'bout we get the government OUT of the student loan business entierly?
WHERE THE HELL IS THE CONSTITUTIONAL AUTHORITY FOR THE CONGRESS TO GET INVOLVED IN ISSUING OR GUARANTEEING STUDENT LOANS???
It doesn't exist, of course. Everybody knows that.
the real issue here is bankruptcy laws.
I advocate that normal bankruptcy laws should
apply to student loans.
5 or 10 years ago, brain-dead Republicans changed the law to favor banks.