[AT] OT student loan crisis was half-life of credentials

James Peck jamesgpeck at hotmail.com
Sun Sep 1 07:39:48 PDT 2019


Some time ago I had a late  thirtyish tenant  with family who, if we were being charitable, might say had trouble paying his rent. He and  I were having a discussion about coming current and he mentioned he had a new plan. He had been invited to apply for a student loan and become a university student. He, in my opinion, would not likely have been successful even in an "everyone who shows up passes" program.

I would have loved to see the money but apparently some good sense prevailed somewhere. After I asked that he leave and he did, he went through a bankruptcy. I believe those types of loans are not removable by bankruptcy.

[deanvp at att.net] <snip> But I even have more disdain for parents who allow their children to waste a real opportunity and probably are then burdened with a huge student loan debt to pay off without the earning power to do so.   <snip>  


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