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User Info Student Loan 'Forgiveness'?; entered at 2022-08-27 15:29:11
Posts: 359
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