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[quote=Anonymous]^^Forgot to add that the dischargeable approach greatly increases credit availability but puts all of the responsibility for repayment on the borrower, while the nondischargeable approach limits credit availability but greatly increases the onus on the bank for ensuring repayment. So many politicians think you can eat your cake and have it too. Many would want to make the debt dischargeable in bankruptcy but also make it very difficult for banks to turn down less credit worthy borrowers.[/quote]
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