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Money and Finances
Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Canceling any debt is stupid. You borrowed, you pay. [/quote] I agree, we should eliminate bankruptcy and bring back debtors prisons. Maybe airline executives would do a better job with that incentive. Or are you only talking about 18 year old kids being forced to make life altering decisions? [/quote] +1, what about real estate developers who hold subcontractors and municipalities hostage by simply refusing to pay and just letting the lawyers negotiate their debts down when they eventually get sued? Banks that play fast and loose with leverage and then ask for bailouts during downturns. Shouldn't all these people be in jail? They should be forced to pay back every penny, right?[/quote]
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