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Money and Finances
Reply to "Insane Generation-Z Graduation Debt of $400,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They need to learn American economy. They should declare bankruptcy, get debt forgiveness and be all good in 7 years.[/quote] It is almost impossible to discharge student loans via bankruptcy and you would have to go into legal debt to even try. https://www.nerdwallet.com/blog/loans/student-loans/student-loans-bankruptcy/[/quote] Rule #2 as an American, its better to pay a lawyer and an accountant than to pay your debt. Only suckers actually pay their way out of debt.[/quote] That's assuming your lawyer can win the case. Because whether or not they succeed - you're still going to pay them and ducking a lawyer is a lot less fun. [/quote]
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