This would be a slap in the face of some people who went to school and worked od... | Hacker News

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gicadin on Dec 14, 2017 | parent | context | favorite | on: Nearly 5M Americans in Default on Student Loans

This would be a slap in the face of some people who went to school and worked odd jobs to pay for tuition.

aaomidi on Dec 14, 2017 [–]

Not doing it would be devastating for the economy in the long run.

It's a hard choice but macro is more important than micro in these decisions.

sintaxi on Dec 14, 2017 | [–]

Its a mistake in the long run to socialize risk. These former students are defaulting because the courses they took have no value in the marketplace.

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