this post was submitted on 01 May 2024
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A Boring Dystopia

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[–] [email protected] 68 points 6 months ago (2 children)

I thought one of the big problems with America's student debt was that you can't effectively default on it? That it will still persist even after filing for bankruptcy for example?

[–] [email protected] 8 points 6 months ago (1 children)

And guess who is president and responsible for that?

[–] [email protected] -2 points 6 months ago (1 children)

Not how it works you utter fucking moron

[–] [email protected] -1 points 6 months ago* (last edited 6 months ago) (1 children)

By default I just mean stop paying. You can't get rid of the debt by bankruptcy or anything, you still owe it, but it also doesn't affect peoples credit score as much as many seem to think it does.

[–] [email protected] 6 points 6 months ago

They can garnish your wages