So you have these enormous loans that are essentially a mortgage they'll carry for a long long time.
Actually way worse than a mortgage if you look at the laws and practices involved. If you default they will double what you owe and you can not discharge them through bankruptcy. I heard radio guys talking about how doing away with 10k in student loan debt is UNCONSTITUTIONAL. Not a peep about the fact the loans them are also UNCONSTITUTIONAL.
>So you have these enormous loans that are essentially a mortgage they'll carry for a long long time.
Actually way worse than a mortgage if you look at the laws and practices involved.
If you default they will double what you owe and you can not discharge them through bankruptcy.
I heard radio guys talking about how doing away with 10k in student loan debt is UNCONSTITUTIONAL.
Not a peep about the fact the loans them are also UNCONSTITUTIONAL.
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