Student loan cancellations in talks

http://moneyweek.com/merryns-blog/student-loans-why-cancelling-them-is-the-next-frontier-of-modern-monetary-policy/

It will have to be done, they simply can’t be paid. I think they’ll drop it to about 10% and insist that is paid.

on the back of an “obscure federal law” from 1994 that allows debt forgiveness if students have been “defrauded” by their colleges.”

Most courses lie about job prospects and practicality of information.

Europe is worse.

Compare these discussions to the subhuman treatment of the UK.

Where being poor after investing in a Government scheme (SLC) gets you fined. Primo logic, kemosabe.

http://www.hexjam.com/uk/news/attention-not-paying-back-your-student-loan-is-now-a-criminal-offence

And being Muslim gets you racist, special treatment with interest-FREE loans.

http://www.moneysavingexpert.com/news/loans/2014/09/government-gives-sharia-compliant-student-finance-the-go-ahead

1. Be civil. 2. Be logical or fair. 3. Do not bore me.

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