In reply to tptacek: "at the point where you make student loans dischargeable, you might as well just concede that you're eliminating them altogether." Have y

In reply to tptacek: "at the point where you make student loans dischargeable, you might as well just concede that you're eliminating them altogether." Have you ever gone through bankruptcy? Luckily I have not, but from what I've read it's a horrible thing to go through with serious consequences to your finances that takes a minimum of 7 years to overcome. I think the cost of college would drop 10x. I went to Duke, and the gardens and pools were lovely, really, but perhaps some tables and books would have been the more appropriate use of my tuition money. I do agree the IS bit was somehwhat a non sequitor, but there is a common thread here I think when people try to put property and ownership rights on things that nature doesn't make that easy.