That's all good -- in principle. But Our Masters HAVE no principles.
Almost all debt is dischargeable or modifiable in bankruptcy court. The PREDATORS who run the system have arranged that if they do things inside corporations, they never get stuck with anything. Other adults are generally able to discharge debts and get a new beginning in personal bankruptcy court.
So, how did it come to be that STUDENTS -- fresh out of childhood and 12 years of forced, "free", brainwashing cum "education" -- have been stripped of bankruptcy court protection for student debts? Who did that? Why did they do that? Cui Bono?
Hopefully you know the who, when, and where of this history and can figure out the rest? You don't know? Shame on you.
So, yeah, there should be no government guarantee of student loan debt.
But first, student debt should ABSOLUTELY be dischargeable in bankruptcy.
Again, how did it come to be that the most naive, really just out of childhood, have been singled out for no protection from financial exploitation and bad judgement? With all you are getting, get understanding.
Hmmm. I wonder if Biden and Clinton had anything to do with the odd state of bankruptcy law? Naw, that can't be! That would be too perverse, and public schools would be teaching it in history and civics class.
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