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by dsfyu404ed
3674 days ago
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"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. |
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This is a pervasive myth, but, while they are harder to discharge than most other unsecured debt, they can be discharged in bankruptcy.