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No. You're turning people into serfs for the better part of their adult life for a decision they made as a teenager. That's not justice, that's cruelty.
by jschwartzi 8y ago
No. You're turning people into serfs for the better part of their adult life for a decision they made as a teenager. That's not justice, that's cruelty.
- SamReidHughes 8y ago$22K in debt isn't serfdom, that's the price of a Honda Civic. It takes few grand a year to keep up with interest.
- mmanfrin 8y ago22k is an average. There are many people whose debts are significantly more.
- SamReidHughes 8y agoEven with 100k in debt you're talking 7k interest. Get a job in sewer maintenance instead of museum curation and you'll have no problem paying that off.
- jschwartzi 8y agoIf I bought the Civic at least I could discharge the loan through bankruptcy. You're not allowed to do that with education loans. They're the only kind of debt I'm aware of where this is the case and it's unclear to me why we should treat our children any differently than we expect to be treated with regards to debt. I think there are a lot of issues with the system, not least of which is that it's possible to accrue that much debt without any credit check. But let's not pretend that the system isn't rigged to saddle people with debt.