Hacker News new | ask | show | jobs
by jchrisa 5149 days ago
If I had student debt I'd be thrilled not to pay it back. This country needs a general debt strike or perhaps a jubilee.
2 comments
prostoalex 5149 days ago
This hypothetical situation would work fine for you, but the guy applying for a loan next year would need to put a down payment for 2 years and have parents co-sign their house as collateral, as risk profile for student loans has changed.
link
gee_totes 5149 days ago
A debt strike would be the ultimate 'hack' of our current economic system.
link
veyron 5149 days ago
The right play is to short Apollo Group and Nelnet (loans) and DeVry and other for-profit schools.
link