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Old 03-06-2019, 06:55   #55
Badger52
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Join Date: Jan 2011
Location: Western WI
Posts: 7,031
Quote:
Originally Posted by cat in the hat View Post
The idea of student loan repayment is as annoying to me as any other "reparations".
Something that would potentially fix the issue for future students is to allow bankruptcy to cancel student loans (NOT RETROACTIVE). Banks would quit granting loans to people with majors in soft studies meaning a low probability of repayment.
Once the pool of candidates dries up most of those silly departments fade away. (Lgbt/Women's studies, basket weaving etc...)
Couple quick questions, as I'm not grasping something here:

1. 1st sentence: Annoying in what way? There should be repayment, or the notion of repayment is distasteful?

2. In the bankruptcy consideration, how does bankruptcy work now? (Truly don't know, never done it, never carried student-loan debt.)
Do you think the financial community has the stones to say "you're majoring in Trans-National Gender Studies? Poor risk-Disapproved" vs. "you're majoring in Industrial Engineering? Good risk-Approved" ?
(As an aside, we already know that financial institutions are allowed to favor/hate groups & views that align with the CEO's wishes. That's how the lenders, payment processing firms and Visa & Mastercard are allowed to wreak their hate on firearms-related businesses, especially small individually-owned ones.)
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