You are viewing a single comment's thread.

view the rest of the comments →

0
3

[–] CrustyBeaver52 0 points 3 points (+3|-0) ago 

If you restore student loan bankruptcy, the taxpayer is off the hook and the bankers are back on it.

SJW education is bankrupted overnight. It will collapse because the education itself is worthless, and the loans will default.

Soon banks will no longer finance those failing degrees.

Tuition fees will drop, and the schools will become competitive again.

It worked just fine before Bush jr. outlawed it.

0
1

[–] 22349818? 0 points 1 point (+1|-0) ago 

This could work, but it would have to have a start by date, old loans for shit courses can't apply.

0
0

[–] CrustyBeaver52 ago 

I think the old loans can also apply - the banks themselves can have the FED stand behind them. The Fed already bailed out the banks for $20 trillion for all of the NINA (No Income, No Assets,) loans the banks used to create the false housing boom of the Bush Jr. economy, what's a couple of trillion more to bail them out again for these mis-financed school loans? The Fed prints that out of thin air anyways, and these loans, just like the others, should never had been made in the first damned place. They cannot ever be repaid.

This education barely qualifies you to work at Starbucks. The entire effort is a write off.

Still cleaning up the mess Bush Sr, Clinton, Bush Jr., and Obama left behind. Fuck.