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[quote=Anonymous][quote=Anonymous]-Newly-issued private student loans should be dischargeable in bankruptcy.. otherwise banks will keep on lending to ANYONE, without analyzing ability to pay.  Didn't turn out well for housing market.

-Young, starry-eyed students shouldn't be put in a position of getting themselves $100,000 - 200,000-300,000 in debt for degrees that can't possibly land them a job that will pay those bills.. especially when NO bank would grant them that credit to buy a house or for any other reason.  They inevitably regret it, would spend decades unable to buy a home or have children, and then become Occupy protestors.  This seems like predatory lending, worse than a payday loan.

-The taxpayer should not be on the hook for federal loans that are unlikely to be repaid.  [/quote]

That's ridiculous.  Most student loans are repaid.  So you are going to deny loans to the majority in order to protect the minority from what - paying the debts they voluntairly incurred???[/quote]

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