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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Canceling any debt is stupid. You borrowed, you pay. [/quote] I agree, we should eliminate bankruptcy and bring back debtors prisons. Maybe airline executives would do a better job with that incentive. Or are you only talking about 18 year old kids being forced to make life altering decisions? [/quote] I agree that Student loans should be allowed to be discharged in bankruptcy like any other debt. Maybe filing for bankruptcy shouldn’t be so easy. And maybe people should Munro allowed to take out so much student debt. Where are the caps that an 18-22 year old can incur $100-200k in debt without a recognized means to pay it back. [/quote]
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