Originally posted by Jeff Lebowski
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But to the larger topic, student loan debt hasn’t always been this problematic. Somethings have changed and I don’t think it’s that people are lazier. People and companies have access to bankruptcy relief, but student loans are sacrosanct.There needs to be changes and having a big default bomb waiting to go off isn’t helpful for the economy. The government is constantly cutting sweetheart deals with corporations and exempting them from taxes. The argument being that’s it is economically wise. I think it’d be ok to do this, if it is followed up by systemic changes.
Having an educated citizenry is good for the nation, and history demonstrates that.
But fear not that won’t happen. Devos is always moving the department of Ed in the other direction and is has a lot of financial interests tied in up in for-profit degree mills.
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