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23 sats \ 5 replies \ @Satosora 5 Mar \ parent \ on: Does the United States Government Need a Gold Reserve? No. econ

They will be discharged upon the death of the loanee.
Many people just wont pay them, or just pay the bare minimum.

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110 sats \ 4 replies \ @Undisciplined OP 5 Mar

I'm not sure how this works, because you will get a lien placed on your future earnings at some point, which means it's not up to you whether you repay or not.

The only ways around that (that I know of) are not working or only earning income under the table.

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31 sats \ 3 replies \ @Satosora 5 Mar

People always find ways around it.
And the system is just too slow to catch on.

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10 sats \ 2 replies \ @Undisciplined OP 5 Mar

Still, I think avoiding repayment puts a pretty significant limitation on earning potential.

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30 sats \ 1 reply \ @Satosora 5 Mar

Some people arent able to get a job with the education and loans they have.

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0 sats \ 0 replies \ @Undisciplined OP 5 Mar

*aren't able to get a job they want

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