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User Info | Student Loan 'Forgiveness'?; entered at 2022-08-27 15:29:11 | |||
Mjc1960 Posts: 372 Registered: 2015-02-28 chicago, il |
Who is actually holding this debt and how is it being paid. VoxDay makes the argument that this will be deflationary as it removes debt/money from the system. I personally think the whole college loan system is a scam. I finished my engineering degree at U of I Chicago in '87 while working a full time job as a tech with no debt. Tuition was $1K per semester. My wife and I had our own apartment. I rode the L to school. I don't think that's even possible anymore. Tuition was $1K per semester. Just make the loans dischargeable in bankruptcy. That will bring discipline to the system. 2022-08-27 15:29:11
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