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Reply to "Would you support the following policy on student loans?"
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[quote=Anonymous][quote=Anonymous]I got no problems with the proposals. It doesn't attack the root cause of the problem though - which are costs and costs that keep going up. Allow student loan debt to be dischargeable in bankruptcy, period. We allow dvery other debt to be discharged in bankruptcy. When more risk is injected into thos whole stupid system, lenders will start lending less and colleges will be forced to control costs and even slash them. But with infinite credit taps open and no risk for lenders because they're sheilded from bankruptcy, this entire charade of never ending price increases continues.[/quote] There was a time when education loans could be discharged in bankruptcy and there were so many that the law was changed.[/quote]
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