Not doing it would be devastating for the economy in the long run. It's a hard c... | Hacker News

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		aaomidi on Dec 14, 2017 \| parent \| context \| favorite \| on: Nearly 5M Americans in Default on Student Loans Not doing it would be devastating for the economy in the long run. It's a hard choice but macro is more important than micro in these decisions.

sintaxi on Dec 14, 2017 [–]

Its a mistake in the long run to socialize risk. These former students are defaulting because the courses they took have no value in the marketplace.

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