Do these parasites even care what that would do to the students with integrity who will not default, particularly to the next generation who will borrow at a much higher interest rate because the Entitled Class won’t pay their own debts? I doubt it - the “99%” seems to be the same lazy, indifferent bums who put Obama into office, and they are still just as clueless.
I have zero tolerance for people who borrow money and then can’t make themselves pay it back. ZERO. I don’t care if it’s a student loan, a balloon note house loan, credit card interest... or whatever.
ok we go back to allowing student loans to be dischargable in bankruptcy (after a three year period), once discharged the university endowment becomes liable to pay the loan to the bank-—EVEN IF IT IS IN A TRUST.
This will incentivize these universities to give real degrees that get real jobs and reject students who will never work.