On Mon, 23 Jul 2012 00:58:54 -0400, Bill wrote:

wrote:
On Sun, 22 Jul 2012 23:17:55 -0400, Bill wrote:

Mike Marlow wrote:
Bill wrote:


They do form an interesting part of the supply-demand equation. Cutting to
the chase, if you remove student loans you'll have fewer
colleges and fewer college students.

And fewer people who will spend half of their earning career, paying off
student loans.

As has been mentioned, consumers have the ultimate responsbility.

The responsibility is hard to place on the consumer when he doesn't have all
of the information.

Gosh, if it's now the consumer's responsibility to decide how to
spend their money, than whose is it?

Should I repeat what I said?

Obvously, not all consumers make decisions which are in their long term
best interests. Probably some of their parents didn't either. At least
the USA is a country where people are free to choose.

Whyshould the government be pushing people into bankruptcy,

I had not idea the government was pushing people into bankruptcy.
In fact, according to Suzy Orman, federal student loans are not even
discharged in bankruptcy.

which, doesn't
even help because the government has made sure that student debt can't be
charged off.


I wish you could read.