alt Hacker NewsYeah 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?
Replies
sethammons • today at 9:19 AM
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"
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.