> If student debt is dischargeable and the government guarantee is removed or dr... | Hacker News

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		rr808 11 months ago \| parent \| context \| favorite \| on: How America's universities became debt factories > If student debt is dischargeable and the government guarantee is removed or dramatically reduced, pretty much all problems are “solved”. No, it just means everyone will complete their degree then file for bankruptcy immediately before starting their first job.

dingnuts 11 months ago [–]

which would make lenders more cautious which would make it harder to get a loan which would make less money available so tuitions would be competing for less and prices would come down this is how it's supposed to work yes

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