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Yeah I had a big lol when I read “just don’t let people declare bankruptcy for 7 years after graduation” - how in the world could this be good public policy?
by dansquizsoft 2mo ago
Yeah I had a big lol when I read “just don’t let people declare bankruptcy for 7 years after graduation” - how in the world could this be good public policy?
- bloak 2mo agoIt was expressed in a strange way but I assume what they meant was that if the former student goes bankrupt within the 7-year period then the student loan is not cancelled.
- sethammons 2mo agoWhy would it be better to not allow the debt discharged ever? That is the current situation. 7 years as a limit is better policy than "you owe this forever no matter what"