Quote:
Originally Posted by MrSparkle001
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$10k is nothing by the way. My car loan is many times that.
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You can discharge your car loan via existing bankruptcy law any time you like. A lot of student debt cannot be discharged via similar means. That's a large part of why this issue has become the issue it has; with no means of debt management we're otherwise gradually falling back to a form of 19th century debt slavery. The universities are bringing this on themselves by fighting bankruptcy law tooth and nail; had they been more reasonable the point would've been moot. I do not particularly like student debt forbearance or forgiveness in a perfect world, but it's turning into a sensible option in our corrupt far-from-perfect world.
Danth