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Posts tagged ‘Student Loan Debt’

18
Jun

Student Loans, University Expenses, and Personal Responsibility

The Wall Street Journal (WSJ) recently published an article entitled “Student-Loan Debtors Get Help From Judges” which reported that judges are now using “tools at their disposal” to reduce or cancel student loan debt after years of holding debtors responsible for the money they borrowed and promised to pay back.

One of these tools is asking lawyers who represent borrowers to provide their services for free. Yes, free. Students (legal adults) can borrow money to attend college, promise to pay it back, default on the loans, and the judiciary thinks its ok to ask a third-party (lawyers) to work for free. ┬áIs there anything more absurd? Read more »