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this post was submitted on 01 May 2024
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A Boring Dystopia
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I thought one of the big problems with America's student debt was that you can't effectively default on it? That it will still persist even after filing for bankruptcy for example?
And guess who is president and responsible for that?
Not how it works you utter fucking moron
Joe Biden wrote and voted to pass the very bill that makes student loans immune to bankruptcy as part of BAPCPA back in the 2005 when he was a senator.
Learn the voting and bill submission history of your politicians you utter fuckng moron
By default I just mean stop paying. You can't get rid of the debt by bankruptcy or anything, you still owe it, but it also doesn't affect peoples credit score as much as many seem to think it does.
They can garnish your wages