Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.
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Move all student loans to private equity and then pass the filibuster. Then progressive can come back and make student debt available for bankruptcy again and let everyone who wants to default. They could pass the law saying that it can’t count against people’s credit.
It could be the greatest way to absolve all student debt and stick it to the private sector. For once losses can be privatized and profits can be socialized.
