New Fed chair doesn’t understand why student debt can’t be discharged in bankruptcy
Seriously ? He doesn't understand why student loans are not discharged in bankruptcy?
Has it occurred to him that this policy follows widespread abuse by DOCTORS, who would often rack up mountains of debt, then parade into bankruptcy court and have it all discharged? Is he aware that new grads have NOTHING TO LOSE I'd they file bankruptcy before starting their careers, and in today's climate there would be a mo soon of young grads availing themselves, if a discharge were available?
What a fucking idiot!
Seriously ? He doesn't understand why student loans are not discharged in bankruptcy?
Has it occurred to him that this policy follows widespread abuse by DOCTORS, who would often rack up mountains of debt, then parade into bankruptcy court and have it all discharged? Is he aware that new grads have NOTHING TO LOSE I'd they file bankruptcy before starting their careers, and in today's climate there would be a mo soon of young grads availing themselves, if a discharge were available?
What a fucking idiot!