Whoa whoa, no need to attack. I was openly admitting I don't know that much and just want to understand the system better. Matt's article pretty anecdotal, and I was having trouble seeing the systematic problem when Chis openly admits to putting his head in the sand for an indefinite number of years on something this important.
Whoa whoa, no need to attack. I was openly admitting I don't know that much and just want to understand the system better. Matt's article pretty anecdotal, and I was having trouble seeing the systematic problem when Chis openly admits to putting his head in the sand for an indefinite number of years on something this important.
Seems like the lack of a bankruptcy option really is the root of this, and I'm fascinated by how that came to be. From your other answer, it seems like the "defaulting students problem" somehow got blown way out of proportion and legislated aggressively. But I'd like to know more.
Whoa whoa, no need to attack. I was openly admitting I don't know that much and just want to understand the system better. Matt's article pretty anecdotal, and I was having trouble seeing the systematic problem when Chis openly admits to putting his head in the sand for an indefinite number of years on something this important.
Seems like the lack of a bankruptcy option really is the root of this, and I'm fascinated by how that came to be. From your other answer, it seems like the "defaulting students problem" somehow got blown way out of proportion and legislated aggressively. But I'd like to know more.
Pretty good book here (IMHO) that describes the history of the problem: https://www.amazon.com/Student-Loan-Scam-Oppressive-History/dp/0807042315
Also, reading any of Matts previous articles on this topic give great explanations...
Oh ha, I see you wrote the book on this. Good to bump into you.
thanks. I'm new to Taibbiland and this subject.