Recovery threatened by runaway student loan debt

[limpyhobbler]

56. "adults have to take responsibility for their decisions"

Just because a person made a very bad financial decision early in life by taking out a big bank loan for a worthless college degree, that does not mean they should have to spend the rest of their life in debt slavery to a bank, making payments on something that has no value. There should be some way to plea for help, for a chance to start over.

Also any number of unpredictable events can intervene to change the course of one's life and prevent them from making the money needed to pay back the loan, even if the degree itself would be otherwise valuable. Punishing people in such situations by forcing them to pay large parts of their meager income to support the opulent lifestyles of bankers is perverse.

Your statement that people need to take responsibility for their decisions is cruel. Such a view would not allow for any bankruptcy protections to protect debtors from banks. I would think such a view would be more appropriate on a Republican messageboard instead.

Nobody is trying to shirk their responsibility, but there is a limit to how much of a useless worthless piece of paper a person should be asked to pay for before it is considered cruel.