True for federal loans, but Bush also made private student debt difficult to dis... | Hacker News

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seanmcdirmid on March 20, 2018 | parent | context | favorite | on: Chinese Companies Are Buying Up Cash-Strapped U.S....

True for federal loans, but Bush also made private student debt difficult to discharge during a bankruptcy.

jjeaff on March 21, 2018 [–]

The intent was to make it easier for students to get loans. And it worked. But many people are irrational and get in over their head.

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