Editorials & Other Articles

SemperEadem

(8,053 posts)

60. well then get over it

Reply to HisTomness (Reply #45)

Wed Jan 11, 2012, 08:45 AM

Jan 2012

and take your pearls with you.

Edit history

Please sign in to view edit histories.

62 replies

= new reply since forum marked as read

Highlight:

Should Student Loans be Dischargeable in Bankruptcy ? [View all] limpyhobbler Jan 2012 OP

Absofuckinglutely! lonestarnot Jan 2012 #1

+1000 hobbit709 Jan 2012 #2

Wouldn't every kid Yupster Jan 2012 #3

maybe have a waiting period of a few years? limpyhobbler Jan 2012 #9

No. Most graduates won't want to have bankruptcy on their record for the next seven years. pnwmom Jan 2012 #25

that's exactly the reason that they mentioned in my Secured Transactions class. MrNJ Jan 2012 #36

No. The interest rate on a National Direct Student Loan (meaning it did NOT go through private banks 1monster Jan 2012 #41

hell to the yeah Tuesday Afternoon Jan 2012 #4

it's ridiculous RainDog Jan 2012 #5

Why can't we make college cheaper? Yupster Jan 2012 #6

"no one knows what else they do" jberryhill Jan 2012 #11

It would be cheaper without the huge loans ArcticFox Jan 2012 #17

Agree. And there are a lot of people willing to teach treestar Jan 2012 #49

Hell Yes unionworks Jan 2012 #7

Should personal debts be discharged, or not. WingDinger Jan 2012 #8

Loans are loans. Is there a compelling reason they should be excluded? saras Jan 2012 #10

no. student loan companies gave money to congress to get the exemption. that's the reason. limpyhobbler Jan 2012 #13

compelling or not MrNJ Jan 2012 #35

Other things that can't be repossessed. limpyhobbler Jan 2012 #40

Oh stop bringing facts to the argument. The guy wants to punish these lazy youngsters gtar100 Jan 2012 #43

Yes! Followed by our national education system... Cerridwen Jan 2012 #12

Why do people pay the high prices? Yupster Jan 2012 #15

it cost's that much sometimes limpyhobbler Jan 2012 #16

there was abuse in the 70's handmade34 Jan 2012 #53

what abuse? limpyhobbler Jan 2012 #57

basis for calls to include student loans handmade34 Jan 2012 #58

Part of the problem is the for-profit schools that exploit people to get the loan money spooky3 Jan 2012 #14

YES. I can't believe we are even having this conversation. kestrel91316 Jan 2012 #18

Would you loan your savings to a college student knowing they can declare bankruptcy the day after dkf Jan 2012 #19

So have a 5 year waiting period after graduation. limpyhobbler Jan 2012 #20

So you get 5 years of payments. dkf Jan 2012 #21

Nobody needs to be encouraged to make student loans. The Dept. of Education makes them directly now. limpyhobbler Jan 2012 #22

Well as a taxpayer this isn't a good bet either. dkf Jan 2012 #23

going to college was a bad bet for many. limpyhobbler Jan 2012 #30

If that's the case, why aren't they all defaulting on their credit cards? pnwmom Jan 2012 #27

How do you know they aren't? dkf Jan 2012 #52

I'm sure the Rethug media would be happy to trumpet that story. n/t pnwmom Jan 2012 #55

Depends on the student. But declaring bankruptcy has repercussions for at least 7 years pnwmom Jan 2012 #26

Same of any loan. JDPriestly Jan 2012 #31

Yes. JDPriestly Jan 2012 #24

Many people being in college is a lifestyle choice exboyfil Jan 2012 #28

unpayable student loans should be treated as what they are, a failed investment, watch this video limpyhobbler Jan 2012 #29

FYI: Education should be fully funded by the government. It is an investment in society's future. xocet Jan 2012 #33

I'd like to see a resolution go just a bit further! EdinGA Jan 2012 #32

yep limpyhobbler Jan 2012 #46

No sense Jan 2012 #34

"enormous houses, horses, boats, RV's, retail debt, memberships in this and that" limpyhobbler Jan 2012 #38

Not painting with a broad brush sense Jan 2012 #47

Isn't denying bankruptcy to all based on irresponsibility of some is painting with a broad brush? limpyhobbler Jan 2012 #50

And how would you propose to figure out, sense Jan 2012 #51

that's what bankruptcy courts are for limpyhobbler Jan 2012 #56

Pay the debts you accrue before accruing more. sense Jan 2012 #59

I had to pay mine off, so... SemperEadem Jan 2012 #37

That's the most selfish, myopic thing I've read all day. /nt HisTomness Jan 2012 #45

well then get over it SemperEadem Jan 2012 #60

Oh.... handmade34 Jan 2012 #54

no, I don't SemperEadem Jan 2012 #61

We need to do something to stem the crushing debt, especially from questionable schools. DirkGently Jan 2012 #39

Yes But Catherina Jan 2012 #42

That is the real problem sense Jan 2012 #48

Yes, absolutely yes! gtar100 Jan 2012 #44

Higher education should be free to all who are willing. nt bemildred Jan 2012 #62