Democratic Primaries
In reply to the discussion: How Biden helped create the student debt problem he now promises to fix [View all]MichMan
(11,912 posts)Given the cost of college today, I believe that if there isn't student loan forgiveness or free college, that allowing student loans to be discharged would be a back door method to achieve the same thing.
In other bankruptcies, you dont get your debts discharged while still getting to keep your McMansion or sports car. IMO, letting someone borrow to the hilt to finance a degree and then getting to keep all the benefits of that degree towards future earnings while skipping out on the debt isn't right.
On the other hand, I do have sympathy for those who may have dropped out and find themselves still on the hook for paying off the loans.
I would support discharging student loans in bankruptcy only if the borrower was required to relinquish all college credits and any degrees earned as if they never attended. Wipe the entire slate clean so to speak.
primary today, I would vote for: Undecided