You want debt cancellation? Two can play that game!
(media.greatawakening.win)
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Should be able to declare bankruptcy on student loans however (note that in saying this I do not have any)
Education and jobs need fixes with more deregulation. You should not need a license to work these various jobs. People should be freer to open up schools to compete with an inefficent expensive school system. The regulation of education and employment in general has reduced productivity dramatically
I and my wife paid off all our loans.
you should be able to declare bankruptcy on student loans. Loans should not be guaranteed by the government. Lenders will have to look at the students and what they plan on studying to determine if they are worth the risk. this will end up lowering and decreasing the number of bullshit degrees. it will have the added benefit of destroying grievance studies departments.
Oh I like that idea! Gender studies - you get an interest rate! Accounting? No interest for you!
I had an interest-free student loan which I paid in full. They ended that shortly after I went through, if I recall. Or perhaps it was interest-free because my Dad was a cosigner?
Are all the cosigners of these loans getting chased down to pay up? Were there no cosigners in later years?
And yeah, I see no reason why bankruptcy shouldn't include a student load. It's kind of like the vaccine industry having immunity. Head scratchers.
how long ago did you go through? I first started college in 2005 and the loans I took out did not require a cosigner. I think once they started being federally backed no cosigners were needed since the fed was essentially the cosigner.
80's - I can't remember if mine required a cosigner but my brother's did because my dad continued to stress about it and harp on it for the life of the loan.