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I'm working with an idea that you can go bankrupt on student loans, but in doing so you lose the degree - including all rights to a job that might use the degree.

There are a ton of things I haven't figure out (follow my post history for more detail on what I have)




How would you forbid someone from using their knowledge?


More importantly, how would you forbid someone from using their contacts?


While that is an interesting idea I see two major problems with that. 1) It doesn't really encourage colleges to decrease the price of college. 2) Degrees matter little when you compare to knowledge. You can clearly say on your application to a job that you graduated but your degree was revoked. What does the company care? You didn't lose the experience and education, only the paper.


It happens.

https://www.nytimes.com/2017/11/18/business/student-loans-li...

Seems bad for both the loan provider (at least in short term) and the student.




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