I don’t know if it was good or bad. I do know that the bankruptcy laws need to go back to what they were, and be inclusive of school loans as well as tax debt.
Somewhere along the way we got real crappy towards the poor, and real good to the banks and attorneys, the auto pawns and payday loan centers.
You want banks to be able to lend based on risk, not on PC.
Obama-era regulations went the wrong way.
Also want community banks and small brokers to be competitive against the big banks. Dodd-Frank and Obama’s regs and bailout went against that as well.
Why should school loans be included in bankruptcy? It’s unfair to students who make responsible choices and avoid them. Besides that, it would further incentivize colleges to keep raising costs. Besides that, students getting those loans would be starting out with an attitude that it’s okay to get in impossible debt because they don’t have to pay it anyway.