alt Hacker NewsWhat 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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AngryData • today at 7:51 AM
Whats to stop people in their 20s now taking out tons of credit then declaring bankruptcy without the college?
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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.