I know so many people who are able to pay back the loan, even as a monthly payment, who won’t do it because they’re waiting for it to be forgiven. There needs to be serious consequences for them. You don’t pay auto loan- you get repoed. Don’t pay your mortgage- foreclosed, kicked out on the street. So what should be a good punishment for not paying back a student loan?
I know so many people who are able to pay back the loan, even as a monthly payment, who won’t do it because they’re waiting for it to be forgiven. There needs to be serious consequences for them. You don’t pay auto loan- you get repoed. Don’t pay your mortgage- foreclosed, kicked out on the street. So what should be a good punishment for not paying back a student loan?
Repo the neurons where the education is stored.