To: reaganaut1
Should also make the loans dischargeable in bankruptcy.
3 posted on
03/19/2019 5:32:41 AM PDT by
DuncanWaring
(The Lord uses the good ones; the bad ones use the Lord.)
To: DuncanWaring
The State of North Dakota has minimal problems with defaulted student loans because they do exactly what Trump is suggesting. There are strict limits on what can be borrowed and they are tied to progress toward graduation and marketability of the degree.
The only catch is that said loans are only made on universities located within the State of North Dakota, few of which offer useless and unmarketable degrees.
10 posted on
03/19/2019 5:46:04 AM PDT by
Vigilanteman
(The politicized state destroys all aspects of civil society, human kindness and private charity.)
To: DuncanWaring
They used to be. I think that changed in the 90s.
11 posted on
03/19/2019 5:48:58 AM PDT by
gattaca
("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
To: DuncanWaring
Should also make the loans dischargeable in bankruptcy.
They don’t go away because they were discharged. Someone takes the loss: Hint taxpayers. You see, the education industry now has become too big to fail.
I am beyond tired of underwriting everyone of these demgop party schemes like the mortgage loan “crisis” of 08. What would have happened without the bailout? Well, the banks would have gone under so we could not let that happen. 10 years later, same loans being made during a real estate bubble that will rank up there with the tulip bulb folly of the 1600s.
13 posted on
03/19/2019 5:51:35 AM PDT by
Mouton
(The media is the enemy of the people.)
To: DuncanWaring
14 posted on
03/19/2019 5:57:14 AM PDT by
gcparent
(Justice Brett Kavanaugh)
To: DuncanWaring
Amen....that is the only real fix
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