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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?[/quote]

They can sell their house.  You can't sell a degree.[/quote]

Big whoop dee doo.  You can't sell your credit card debt you racked up for all of your happy hour drinks and restaurant food either. Should we forgive credit card debt now too? It has worst interest than student loan debt.[/quote]

You mean like through bankruptcy?  You can do that for credit card debt, but not student loans. [/quote]

What kind of stupid logic is this?  Bankruptcy is now the same as 'selling a home', as was your previous argument?

Bankruptcy exacts a toll, and severely punishes borrowers who file for it.  Sure, make student loan debt dischargeable through bankruptcy. Don't be surprised to find out that it severely restricts filers' abilities to own a home, borrow money to buy a car, etc. At least it punishes student loan borrowers for their stupid choices, unlike forgiveness.  You can't straight up 'sell' credit card debt for consumables you racked up debt for, which is not different than a student loan you're crying about not being able to 'sell'.  So now we should forgive credit card debt too?

Bankruptcy OTOH, sure, allow student loan borrowers to go bankrupt so they're punished.  They can ruin their credit scores all they want for years. Agree. Allow them to file. [/quote]

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