| ▲ | dansquizsoft 4 hours ago | |
Yeah I had a big lol when I read “just don’t let people declare bankruptcy for 7 years after graduation” - how in the world could this be good public policy? | ||
| ▲ | bloak 3 hours ago | parent | next [-] | |
It was expressed in a strange way but I assume what they meant was that if the former student goes bankrupt within the 7-year period then the student loan is not cancelled. | ||
| ▲ | sethammons 2 hours ago | parent | prev [-] | |
Why would it be better to not allow the debt discharged ever? That is the current situation. 7 years as a limit is better policy than "you owe this forever no matter what" | ||