Trump rolls back protections for people in default on student loans

[The_Doctor]

Underrated story here that underscores how stupid the Trump Administration is. Why undermine efforts to make student loans easier to repay when all that money then goes into the economy instead of debt collectors?

The Trump WH doesn't and traditional Republican White Houses don't get that it's the small things that'll add up to big changes. And consequently the better you ace the small stuff like this the better your political coalition is.

Anyway expect this storyline to have a bigger impact down the road. The debt bubble only increases ...

[The_Doctor]

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Pretty much. This is why we need serious student loan reform that makes them low interest rate, and subject to stringent federal oversight. Why? Because college and vocational training pay for themselves many times over in an economy that has more people with better skills.