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> The only escape is total disability. Why should there be an escape? You took the debt, and the terms are you pay it back as you earn money. It was never fo
by brador 11y ago
> The only escape is total disability.
Why should there be an escape? You took the debt, and the terms are you pay it back as you earn money. It was never forced on you, you accepted it. But the dice didn't roll your way so now you want to flip the board?
The best thing we can do is teach kids/teens personal responsibility. Start with a negligable debt in their school years so they know the feeling of a repayment weight hanging over their head.
Education, not regulation.
- Turing_Machine 11y ago"Why should there be an escape?" Because there is for every other type of debt?
- brador 11y agoBut this one you pay back only when you're earning money. Writing off debt isn't a magic "get out of responsibility" card.
- ap3 11y agoThe thing is you can't return your education. With other secured loans they can take your house, car, etc. Student loans? Get a 4 year ride at a liberal arts school, end up bartending and the default. There is nothing to take away. You can file for bankruptcy but ultimately unless disabled you will be able to resume your profession.
- grecy 11y agoNote that when they take your house or car, they can't take away the experiences and enjoyment you had from those things while you had them.