The Growing Culture Of Student Loan Defaulters Fighting The System With Strategic Default

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There is a growing culture of student loan borrowers who are planning strategic default on their debt not only because they can't afford it, but also to send a message.

 

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Dishonest. You borrow money, you repay it. Every penny if you can. Integrity.

Why are corporations treated differently from students? Corporations default and "re-schedule" and "haircut" and declare bankruptcy all the time. Why not student loans? That's the "servitude" part.

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