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Nov 20, 2017
9:24
:50
am
donnerstag
All-American
Bankrutpcy laws are way too lenient
I actually agree that you shouldn't be able to discharge your student loan debt in bankruptcy. Wouldn't that become a trend? Rack up $500K in student loans and then don't work until you can declare for bankruptcy?
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donnerstag
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donnerstag
Joined
Feb 22, 2005
Last login
Sep 30, 2024
Total posts
39,857 (701 FO)
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Messages
Author
Time
Crazy stat - in 2000 the total amount of student debt in the country was $300B.... today it's $1.3T
HarlemCoug
Playmaker
11/19/17 11:33pm
That coincides with what I’d always heard, that tuition is inflating at 7% annually
KingDave
11/19/17 11:37pm
Why not raise tuition rates when the government backs student loans.
TheLoneCougar
11/20/17 7:34am
It started well before Obama
canofpicante
11/20/17 9:10am
A big problem came with Bush, making it so you couldn’t bankrupt student loan debt
KingDave
11/20/17 9:16am
Bankrutpcy laws are way too lenient
donnerstag
11/20/17 9:24am
Wouldn’t that become the trend with every other kind of debt?
shokupanmanbo
11/20/17 10:58pm
Most other debts are secured by collateral of some kind
donnerstag
11/21/17 6:33am
Valid point.
TheLoneCougar
11/20/17 9:59am
It was actually Clinton in October, 1997.
shokupanmanbo
11/20/17 10:53pm
Yeah, this is definitely Obama's fault. smh
ag4cougs
11/20/17 10:20am
He jumped on the guaranteed student loan bandwagon and increased the amount
TheLoneCougar
11/20/17 7:14pm
Agreed. The tuition increases won't stop until kids say they can't pay for it
buckeyeod
11/20/17 11:34am
A major problem is the cost of administration. New administrators are constantly
TailgateU
11/20/17 11:46am
Higher interest rates play a part.
spugeddy24
11/20/17 12:31am
He's scratchin Mike Rowe right were he itches. Very insightful.
cheezedawg
11/20/17 12:53am
Our society has failed in teaching kids what college should be.
TriggerWarning
11/20/17 12:57am
Most wouldn't go to BYU.
jlhazlewood
11/20/17 3:59am
BYU is an outlier because it's cost is on level with community college
WDaddy
11/20/17 6:48am
Government should get out of the student loan business
stev
11/20/17 1:51pm
Or borrow $80k to study dance theory & cry that the system wont hire you
Y4LYFE
11/20/17 6:39am
I know a guy that has another use for 80k.
TailgateU
11/20/17 7:01am
Or go to ASU out of state for a 100k debt load and a social work degree with starting pay at 30k
byuTX
11/20/17 6:07pm
<< Deleted >>
cvd6262
11/20/17 8:29am
I don't necessarily disagree with you but you're painting with too broad a brush
Gorgias
11/20/17 11:06am
RE: Crazy stat - in 2000 the total amount of student debt in the country was
bad84cougar
11/20/17 3:05am
Seriously incredible how affordable byu remains
cougfanz
11/20/17 3:11am
Part of this is the government's fault in backing student loans.
TheLoneCougar
11/20/17 7:35am
Like half of that is just mine
Slim
11/20/17 4:34am
Too many doctors
chilango
11/20/17 5:11am
You mean medical school tuition is now outrageous
swimbro
11/20/17 5:23am
Not enough docs. If there were too many, then medical care costs would fall.
TailgateU
11/20/17 11:38am
He makes some interesting points. Both guys seem really awkward on stage,
Game Changer
11/20/17 6:18am
Peter Thiel struggles as an orator but he's one of the best thinkers we have.
HarlemCoug
11/20/17 8:37am
I blame this squarely on the government
donnerstag
11/20/17 7:42am
This is simple: When the government becomes the primary payer in any system then
canofpicante
11/20/17 8:52am
Too easy government loans for certain degrees = one of the great financial
ArchbishopMitty
11/20/17 11:08am
Government should get out of the student loan business
stev
11/20/17 1:52pm
And tuition would be lower at most schools
swimbro
11/20/17 5:16pm
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