/biz/ - Business & Finance

college debt can't be forgiven through bankruptcy

enjoy paying this guy for the rest of your life

>>15650793
Yeah, but a bank buying my debt and changing it into a standard bank loan isn't college debt, it's bank debt.

>>15650804

Shares of your debt were probably already sold to hundreds of banks. You can't bankrupt out of it. You're their bitch now.

>>15650836
But I don't have actual college debt, i'm more so asking if this works.

>>15650758
Why would a bank buy your college debt? That doesn't even make any sense.
Or do you mean take out a personal loan to pay it off?

It works once you get a loan from the bank to pay off your student loans youre cleared of the stipulations surrounding student debt and now have to abide by the stipulations of your bank loan.

If you declare that the loan is to pay off student loans you're a Neanderthal

>>15650850

Oh well then yes, of course it works and the value of higher education is certainly worth the costs. You should go to the best school you can afford. Student loans are really all a meme. Remember, the best investment you can make is investing in yourself.

>>15650917
Follow your passion, get an art or a drama degree.

>Take out student loan
>invest in Bitcoin

Dude, if you had the money to go to AMERICAN COLLEGE then why didn't you go to Sweden and do your education there for half off, plus you get like a Swedish passport if you do your education over there

>>15650793
psst hey, got any more rare noses?