What would stop graduates from declaring bankruptcy early in their careers to discharge their debt, before they use their education to build a lifetime of earnings and assets?

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bee_rider 4 hours ago | parent | next [-]

Bankruptcy is still inconvenient. But mostly, people would be less able to get loans and then colleges would get to pick between reducing prices or having only a few rich students.

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AngryData 4 hours ago | parent | prev [-]

Whats to stop people in their 20s now taking out tons of credit then declaring bankruptcy without the college?

	▲	throw2ih020 3 hours ago \| parent [-]
		Credit limits on the credit cards they can apply for. Good luck getting a limit higher than a few grand at 20 years old on your own.