Why aren’t exhorbidant student loans dischargeable via bankrupty? Cuz the government said NO. And ya know what? Universities say Big Gummint is GREAT! They say it all the time.
Kids are impressionable, want to improve themselves, and then some arrive at Harvard, or $tanford, where the Gummint-loving educrat$ say, SURE!
A $130,000 degree in Poetry will TOTALLY expand your horizons...!
And they’ll say that cuz there is NO WAY AT ALL to get rid of that debt —the financial risk borne by the University is ZERO.
The profs will talk alll about how Companies are greedy and will turn you into a slave, and USE you.
But then what do THEY do?
They go and do exactly that.
The gummint takes care of the Universities, and the Universities indoctrinate the students about the joys of ever-expanding government.
And the students have NO job prospects and have NO legal way to get rid of their stupid debt.
For non-STEM degrees there should be NO such thing as federally-backed loans..
OR:
The student debt should be dischargeable via bankruptcy.
The student risk of such majors is INFINITE while the risk to lefty Universities is ZERO.
They say Sociology degrees are great?
Okay, then let them ACT that way..!
(btw I have zero student debt and never had any, I just know a SCAM when I see one, even if it wears a cap and gown)