> "I really don't want to follow through on what I agreed to" Another commenter points out that this is a business contract, not a morally codified vow. Howev

> "I really don't want to follow through on what I agreed to" Another commenter points out that this is a business contract, not a morally codified vow. However, even if you want to assess the moral implications of the agreement, and the matter of whether to renege is justifiable, remember that the students who took these loans weren't fully informed of the circumstances that lead to their issue. A college education was presented as a smart choice whose free market value had risen as the result of insatiable demand. However, we now know that public colleges - arms of the governments of which these students are constituents, colluded with private lenders to increase fund availability and force tuition prices up. If the entirety of the deliberations between these groups had been known, as is proper in matters of public policy, students might well have made a different choice.