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Yup, and this is what was happening (AFAIK) and why they added the stipulation that student loans weren't absolved in bankruptcy. Otherwise, why not everyone b
by new_hackers 10y ago
Yup, and this is what was happening (AFAIK) and why they added the stipulation that student loans weren't absolved in bankruptcy.
Otherwise, why not everyone become a neuro-surgeon? A couple hundred thousand dollars wiped away right after collage, only so they can become paid far beyond reasonable wages afterward and owe nothing.
- brazzledazzle 10y agoSo it stands to reason that if you create a special class of debt you should have a special class of debt collection. If your income and/or assets are greater than $X then collect. That would keep people from playing the system and keep someone who depends on social security to survive from having their checks garnished. We're so obsessed with stopping cheats in this country we'll cut off our nose to spite our face.