Should Student Loans be Dischargeable in Bankruptcy ?

[sense]

47. Not painting with a broad brush

You're trying to discredit what I said by making assumptions.

Most could have repaid. Single statement. All people were given enormous leniency (which I didn't say, but should have.) Many, many people were given endless deferments, and decades to pay some very small loans. Some people had more than one bankruptcy on their record, and simply thought it was a way of life..... and just kept insisting that we couldn't collect.

I gave an example of the financial information I received. I didn't say everyone had all of those assets, but it was stunning to have people admit that asset acquiring came long before any thought of repayment. They were surprised to be expected to re-pay and thought our insistence upon it would somehow expire if they simply ignored their obligation. Many, many thought there was an "expiration date" on their debt!

I'm not opposed to all bankruptcy. I'm opposed to people taking advantage of enormous opportunities they were given and denying it to others. One person actually told me that the less educated people, the less competition for jobs, so giving back the money amounted to stupidity on his part and he wasn't stupid.

Every single person is an individual. Most people who got the loans simply paid them. My job was to deal with those who didn't and it was a really depressing job...... and an ugly lesson.