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0 pointsjchrisa13y ago0 comments

If I had student debt I'd be thrilled not to pay it back. This country needs a general debt strike or perhaps a jubilee.

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prostoalex13y ago

This hypothetical situation would work fine for you, but the guy applying for a loan next year would need to put a down payment for 2 years and have parents co-sign their house as collateral, as risk profile for student loans has changed.

gee_totes13y ago

A debt strike would be the ultimate 'hack' of our current economic system.

veyron13y ago

The right play is to short Apollo Group and Nelnet (loans) and DeVry and other for-profit schools.

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