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by AnimalMuppet
2724 days ago
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Student debt, or all debt? All debt won't happen, because it will destroy a lot of assets - like pension funds. But student debt... that could happen if it became clear that much of it was uncollectable because the kids didn't have the money, and weren't ever going to have the money. We're not there, yet, but we do seem to be heading that way. Alternatively, student debt could be discharged through political means if the general public became galvanized into seeing student debt as a huge problem that is destroying many lives. Statistics won't produce that... but a very well-done movie might. |
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Student debt, pardon me. Allowing for limited discharge in special circumstances or general discharge in broader circumstances. The first could happen through the courts. The latter probably needs legislation.