Posted on 01/26/2016 10:39:02 AM PST by TroutStalker
Yeah, there's not a lot of call for a bioethicist with a Bachelor's degree. What a surprise.
Clearly this guy is an idiot. Unfortunately, idiocy is not a crime, so he simply had to ask and they gave him all the debt that he wanted.
Not disagreeing with the commenters on the thread and I do recognize the unfairness of it all.....BUT
Student loan debt must be allowed to be discharged in bankruptcy. In this way he can eliminate some, and restructure some, so that the debt is adjusted so a “bioethicist” can afford it.
This, and only this will fix the college debt problem. It will shake the foundations of academia - but they need to be shaken.
Allowing for student loan debt to be discharged in bankruptcy will bring this nonsense to a screeching halt. If you cannot demonstrate the ability to repay, you do not get to borrow the money.
Tuitions will drop precipitously, because nobody will be able to borrow money to attend college.
Yes, it’s unfair to those who were financially responsible, perhaps did not go to college because of the cost - but that’s always the case in bankruptcy.
In this case (and millions of others), the lenders aren’t getting repaid by the borrower, no matter what they think
There is no positive in trying to force someone to repay a debt that they will never be able to repay.
It’s easy to castigate this guy as a moron, but remember, the basic decisions that led him to this point were made when he was 17 or 18 years old and then to a lesser extent, after four additional years of liberal academic indoctrination. Go lightly on him!
From the posted article:
After finishing my master's degree in 2008..
We should find the guy who held a gun to this idiot's head and not only forced him to borrow money for college but then major is something stupid.
...apparently there’s not much call for one with a Master’s Degree either.
Master’s either. You pretty much have to have a PhD in that field. And even then, your market is basically academic and some very large scientific companies. As the author should know very well by now.
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