Bill 2 make 1T in student loans dischargble

Otherground
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https://www.congress.gov/bill/115th-congress/house-bill/2366/text?r=44&inf_contact_key=1ed2cc11fc4773b4312975f6ae9f77bb8dbf57a97ae1e00cfa2cde20b106bce3

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Im not down with this, pay your fucking bills!

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I don't think they need to be dischargable in bankruptcy anymore, they have programs where they get eliminated after paying some percentage of your income after 10-25 years.

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TzTinkle - I don't think they need to be dischargable in bankruptcy anymore, they have programs where they get eliminated after paying some percentage of your income after 10-25 years.
I say pay your bills in full if you can. If you cant pay a reduced amount but have it fuck your credit. If you file bankruptcy your credit should be zero.

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i can't support that. school is a option not a requirement. i can understand people getting help out of bills they have no control or choice over. many people skipped school because they just could nto afford it. they lost out on a education  because they  didn't have the funds. how is it fair to them. these guys took loans and got a education and now we should wipe the slate for them? unless you want to give free school to all the other people too then this is bullshit

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I Support this bill.

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I highly doubt the lenders' quality of life would suffer much at all. As opposed to some people struggling to provide for a family, advance themselves, and be productive members of the economy staying mired in the modern day equivalent of indentured servitude.

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It's called accountability young bucks. 

 

Fuck that... 

 

Theres about the same amount in car loans. And credit cards. A trillion each. If we are printing the money out of thin air. I'd say erase everyone's car payments or credit card debt instead. 

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TheSergeK - I Support this bill.
Hippie

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Get rid of the bullshit for profit schools like Phoenix first

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Don't borrow money that you can't pay back

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That's bullshit. I want a refund for paying mine off then.

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giblert mendelez - Get rid of the bullshit for profit schools like Phoenix first
This would be a start

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of course this will happen. I am a year away from paying mine off, like a responsible adult. Fuck this.

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absolutely disgusting

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I agree pay your debts, but make it illegal for these scammers to raise the cost of your payments as you progress at your job. When my wife got out of school her payment was 175 a month. She got a $2 raise. Her payment was raised to 455 a month.

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jasperb -
giblert mendelez - Get rid of the bullshit for profit schools like Phoenix first
This would be a start
Why?

Everyone I know who went to a for profit school is doing well... better than most of the folks I know who went to a state college.

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giblert mendelez - Get rid of the bullshit for profit schools like Phoenix first

Gov loans is what caused that problem, no?

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That is BS. I went to a school that I could afford and not the best school ever, regardless of price. Make those kids pay their loans back. It's a good lesson...for the next generation.

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TheSergeK - I Support this bill.
Same