4 ms·
Because that was the deal.
by matte_black 9y ago
Because that was the deal.
- rhombocombus 9y agoLast time I checked, "the deal" as it were indicates, in writing, that student loan debt from the federal government is forgiven on death.
- fixermark 9y agoIt is, of course, possible for the federal government to craft a deal that's actually bad for the American people. When discovered to be so, it's also possible to alter the deal.
- jackstraw14 9y agoI agreed to this deal and I feel like I do need to pay off the debt, but I'm lucky in that I have a job that will allow me to do it the normal way if the crypto market crashes (heaven forbid, plz). What about the 18 year olds whose helicopter parents never allowed them to imagine a filthy reality like failing to go to college? Regardless of whether that kid should have been free-thinking enough to see outside their existence's bubble, it's irresponsible to exploit their ignorance for profit. Most of these kids haven't ever seen a debt-ridden life like they're signing up for. I grew up with parents who ranted and raged about debt, and I still did it. Are you sure the problem lies with the kids signing the papers (I guess clicking the "Get your loan here!" button these days)?
- IncRnd 9y agoThe deal is that student loans in chapter 7 bankruptcy can only be discharged for undue hardship. Chapter 13 can't discharge student loans according to my understanding.