Ok, so make it harder to get out of student loans through bankruptcy. Allow garnishment, etc.
But if the student just cannot pay, then the college should be on the hook ahead of taxpayers.
Which is pretty much the current system.
And besides, that is not what Schlichter is suggesting. He is advocating getting rid of the whole responsibility through bankruptcy. That would kill student loans completely.
But if the student just cannot pay, then the college should be on the hook ahead of taxpayers.
Then why should colleges assume the risk?
But if all of Schlichter's suggestions were adopted there would be no universities to begin with so no student loans to worry about.