Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

You want to make college costs come down? Make college loans dischargable in chapter 13 bankruptcies after 7 years of the date of graduation, or 12 years from date of first attendance


Wouldn't that do the exact opposite? It would reduce the cost paid by the student, which would make them even less price sensitive.


It would make loan companies charge more for majors that aren't productive.


Wouldn't that just make the cost of borrowing go up?


Only for majors that don't pay worth crap.


cost of borrowing has a well documented effect on prices (see interest rates and real estate)




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: