If the Student Loan 'Bubble' Bursts, You'll Still Be Screwed vice.com Submitted by ziq on January 4, 2019 at 1:52 PM in CapitalismInDecay 3 comments 7
Tube_Nation wrote on January 4, 2019 at 4:23 PM I declare....BANKRUPTCY Permalink 2 edmund_the_destroyer wrote on January 4, 2019 at 5:11 PM But that's part of the problem - as far as I understand it, bankruptcy no longer applies to student loans in the US. So you can't escape these debts. Permalink Parent 1 existential1 wrote on January 4, 2019 at 10:13 PM The only escape is leaving the country as the student loans have a 25yr repayment cap...at which point they become absolved. Permalink Parent 2
edmund_the_destroyer wrote on January 4, 2019 at 5:11 PM But that's part of the problem - as far as I understand it, bankruptcy no longer applies to student loans in the US. So you can't escape these debts. Permalink Parent 1 existential1 wrote on January 4, 2019 at 10:13 PM The only escape is leaving the country as the student loans have a 25yr repayment cap...at which point they become absolved. Permalink Parent 2
existential1 wrote on January 4, 2019 at 10:13 PM The only escape is leaving the country as the student loans have a 25yr repayment cap...at which point they become absolved. Permalink Parent 2
Tube_Nation wrote
I declare....BANKRUPTCY