Hacker News new | ask | show | jobs
by rootusrootus 1525 days ago
> You can help out people who made a bad decision or had bad luck

Yes. Make loans dischargeable in bankruptcy. I support that. Or make repayment based on income, which is already is, so the burden is bearable. But just forgiving bad decisions? That's not a precedent I think we need to set, especially not until we do something to fix the underlying problem. Otherwise the next bailout will be 10x as big.