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The job placement stats I looked at in my first two years turned out to be completely bogus. Out of their control was the job growth rate (and entry level pay) in the legal field which plummeted from 28% to 8% from my freshman to senior year. It has been long enough now I'm just writing it off...

I went to a state school. I would like to see those loans restricted to certain majors as well. With many majors, we are just saddling kids with debt and leaving them worse off than they would have been foregoing college.

Then why would anyone go on average $50k in debt for no monetary gain? I would have done better investing that money in the market, or simply buying shares in the University. I was sold the idea since I was in 3rd grade, repeatedly shown the statistics of college vs non-college earnings, can't...

I get the difference between secure and unsecure debt. If the education sold to you actually lead to a decent job, or if you were at least warned/informed about the actual job placement rates for your major, there would be less to no harm done. My gripe is mostly with the institution that...

I'd also like to point out that it was me that took out the loans but all of them were paid directly to an institution that in return gave me an education worth $0. The lender, backed by the government, approved this institution to recieve loans knowing that the institution was giving me...

Possibly, but I know plenty of people who have for a couple thousand in fees. I've looked into chapter 7 and it looks like it is based on income/ability to repay. If student loan bankruptcy were that way, I think many would qualify. In that scenario, you, the investor/lender, are in the same...

If the health industry tanked and no jobs were available, yes. They have no way to pay back the debt. That's my situation; literally no job I can get with my degree pays enough to justify the cost of my education. It's like they loan or gain investment of $10 million to open a casino in Atlantic...

Do other bankruptcies require proving undue hardship? Or just hardship?

You said theft. Theft is a crime. Do the crime, do the time. I'm willing to do the time. Where is the flaw in logic? I wasn't arguing how I felt, my questions centered around the idea of people making poor investments that were unconcionable to the lendee from the start. Do they bear no...

Isn't that what all bankruptcy is? What makes student loans different? The government made a poor investment in me, they bear no responsibility for setting me and themselves up for failure? How about for not doing the due diligence to make sure their investment would get a return? If my degree...

Back to the idea of theft; so if I agree to cost the taxpayer $40,000/year sitting in a jail cell for committing theft, then I should be able to bankrupt? That sounds like a logical solution!

I just don't get how somehow you can bankrupt on every other kind of debt but not student loans. Like you emebezzled a bunch of money and got caught, you can bankrupt on your debtors. You take a loan out and gamble it all at the casino, go ahead and file bankruptcy. You buy a car you can't...

Depends. How fair was the agreement? What was the intended outcome vs the actual outcome? What is the alternative? What makes the purchase/decision of an education different than any other unwise purchase/decision that qualifies for bankruptcy? If it was a poor investment and is preventing you...

You are saying bankruptcy is theft?

You tell me, are they credible sources? Are you saying because Bill got away with it so should Trump?

Explain that second part a little more. Ineffective tax rates. Extreme partisanship that results in overspending and undertaxing. Maybe unrelated, but isn't it funny the government is offering a low tax rate to bring in sheltered money overseas instead of criminalizing the very act of using...

The deficit the difference between revenue and spending. We have the money that is able to be taxed now, but they are selling the idea that if we just don't tax the money now that somehow it will be easier to tax the money later. Who actually believes that? The interest on the debt will only...

How accurate are those numbers? Just wondering cause I will be inferring from them: That infographic proves my point of what government is forced to do to keep the ship sailing so to speak. It speaks nothing to the deficit; that is a tax revenue problem brought to us by neoliberal right wingers...

Theoretically they should, in a capitalist system millions cannot. What does that say to you? The government is the people's tool to mitigate inefficiencies and faults of the economic system for the purpose of the welfare of the people and the security and stability of the nation as a whole. I...

The feds are getting back more than they gave. Why does it matter how much they choose to spend on welfare? And yeah, producful isn't a word, sustenance was mispelled, and dually was used corrrectly as in 'two parts'. You got me.