And bankruptcy doesn’t erase a student loan.
You can’t get a government job if you’re not paying your student loan.
New regulations make it easier to get bankruptcy relief. Essentially the government is instructed not to fight a petition if claim of hardship.
And bankruptcy doesn’t erase a student loan.
Guess who put that in the fine print when the government decided to start student loan program.
Ding,ding, ding, that’s right FJB
Hmm, and that is a bad thing?
We really want a pack of losers who cannot plan or manage debt working in gov’mt?
It should. Debts which cannot be paid will not be paid. Bankruptcy laws were established to deal with this in an orderly fashion.
And the student loan programs should all be ended. They are a massively unsound investment in worthless credentials and the only beneficiaries are academic administrators. This grifting system must be shut down.
Most of our institutions of "Higher Education" should be permanently closed. At best they are useless, at worst, some are actively harmful.