undefined | Better HN

0 pointsdsfyu404ed9y ago0 comments

"Most young people now see what a catastrophe that can cause in the case of student loans, a whole generation or two facing a very grim financial future short of massive inflation or winning the lottery."

The problem with student loans is that you can't bankruptcy them out of existence.

0 comments

dragonwriter9y ago

> The problem with student loans is that you can't bankruptcy them out of existence.

This is a pervasive myth, but, while they are harder to discharge than most other unsecured debt, they can be discharged in bankruptcy.

j / k navigate · click thread line to collapse

0 pointsdsfyu404ed9y ago0 comments

The problem with student loans is that you can't bankruptcy them out of existence.

0 comments

dragonwriter9y ago

> The problem with student loans is that you can't bankruptcy them out of existence.

This is a pervasive myth, but, while they are harder to discharge than most other unsecured debt, they can be discharged in bankruptcy.

j / k navigate · click thread line to collapse