tag:blogger.com,1999:blog-5173950.post6783863281689179529..comments2024-03-28T15:13:59.703-04:00Comments on Grim's Hall: Ever wonder why those kids are SO keen on free college?Grimhttp://www.blogger.com/profile/07543082562999855432noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5173950.post-72303032692372960182017-04-10T15:37:06.701-04:002017-04-10T15:37:06.701-04:00I would draw a distinction between personal bankru...I would draw a distinction between personal bankruptcy due to consumption debt and business bankruptcy, acknowledging that there is a gray area if you were self-employed. At least I hope the discussion K RW heard was in that context.Christopher Bhttps://www.blogger.com/profile/00396671757183163171noreply@blogger.comtag:blogger.com,1999:blog-5173950.post-47461261740419946542017-04-07T22:15:46.959-04:002017-04-07T22:15:46.959-04:00I'm not sure I even know anyone, personally, w...I'm not sure I even know anyone, personally, who has ever declared bankruptcy. If I did, they'd keep quiet about it out of a sense of shame. But that's the old mountain pride I keep hearing is an enemy of, or at least an obstacle for, progress.Grimhttps://www.blogger.com/profile/07543082562999855432noreply@blogger.comtag:blogger.com,1999:blog-5173950.post-80148256031072153022017-04-07T21:54:14.363-04:002017-04-07T21:54:14.363-04:00how does one become a functioning adult and say &q...<i>how does one become a functioning adult and say "well, if I keep borrowing money, eventually someone will just let me not ever pay it back"?</i><br /><br />Many, many adults, perhaps even this person's parents, borrow money without paying it back. On a conservative/Christian news station i was listening to on the way home from work last week, one of the financial expert hosts stated that if you have never declared bankruptcy, you were either born with a silver spoon in your mouth or not trying hard enough.WTPhttps://www.blogger.com/profile/14524147932333324719noreply@blogger.comtag:blogger.com,1999:blog-5173950.post-65411050671744922482017-04-07T17:15:42.889-04:002017-04-07T17:15:42.889-04:00I'm not sure, but it seems to be common -- and...I'm not sure, but it seems to be common -- and not just among students!Grimhttps://www.blogger.com/profile/07543082562999855432noreply@blogger.comtag:blogger.com,1999:blog-5173950.post-22040139047858683622017-04-07T13:15:21.403-04:002017-04-07T13:15:21.403-04:00Well, obviously. But how does one become a functi...Well, obviously. But how does one become a functioning adult and say "well, if I keep borrowing money, eventually someone will just let me not ever pay it back"?MikeDhttps://www.blogger.com/profile/08116809134355184859noreply@blogger.comtag:blogger.com,1999:blog-5173950.post-61605552217881413282017-04-07T13:07:58.534-04:002017-04-07T13:07:58.534-04:00My guess is that she was hoping to pay none of tho...My guess is that she was hoping to pay none of those 9 years of debt, thanks to Bernie Sanders (or at least Hillary Clinton), which might make the proposition more attractive. Then she's continuing to gain educational accomplishments for free, financially, while also supporting her lifestyle on the same student loans she won't have to pay back. The only cost is the opportunity cost you mention, that of gaining educational credentials instead of professional work experience.<br /><br />Which means that she must be pretty bummed about Clinton's loss.Grimhttps://www.blogger.com/profile/07543082562999855432noreply@blogger.com