Elizabeth Warren schools a bank stooge at Senate Committee - TopicsExpress

Elizabeth Warren schools a bank stooge at Senate Committee hearing. Why is it that student loans cannot be forgiven when you file for bankruptcy, whereas other kinds of debts (e.g., credit card, mortgage) can? Besides the banks being greedy, can someone explain to me the policy rationale? In my mind, being saddled in crushing debt because you went to school to better yourself is far more excusable than going on a wild shopping spree with your credit cards ...

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