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It took me to the end of your post to realize that an additional Department of Education debt forgiveness criteria is the same as any debt forgiveness to you.
by vmception 6y ago
It took me to the end of your post to realize that an additional Department of Education debt forgiveness criteria is the same as any debt forgiveness to you.
So you think we are at the top of a slippery slope and not realizing we've been at the bottom of it for a long time. So this isn't really about the university system its about the entire fabric of society, not realizing how society already functions.
Fascinating.
- endisneigh 6y agoI'm not sure I understand - could you elaborate on what you mean?
- vmception 6y agoyou talk about margin debt in a topic about a sliver of Department of Education loans as if there is any similarity into the structure, circumstances and participants Department of Education's outcome is a unilateral decision by the confirmed head of a federal agency, the latter requiring something far more involved that nobody is asking for.
- endisneigh 6y agoI state explicitly that in the article the justification and determination of "harm" is unclear so it's impossible to really have an in-depth comparison. However, I will say the fact that it's DoE related isn't really relevant at all. From the article it seems the main point was that students were misrepresented and later harmed as a result of taking a loan. Those particular circumstances do happen to be shared in some instances of taking on margin debt.
- vmception 6y agoI see, but that outcome requires a court of an act of Congress much more improbable than a regulator waking up on that side of the bed