[siffland]

How is this a valid move. You bought a service and failed to pay for it. How is this different from predatory payday loans. Sure it is on a larger scale, but do you agree that if you get a payday loan you can leave the country and not pay for it.

K-12 education is a right in the US, you get to go to school for free. College is, for better or worse, a paid for service. You chose to go and you signed the paperwork.

Medical is a bit different, you certainly didn't ask to have medical conditions (most of the time). So I can't bundle the healthcare system with the Educational systems when it comes to paying back debt.

[lotsofpulp]

Lenders should be pricing in the risk of not being paid back, aka figuring out the interest rate, which is their job.