The Instigator
Pro (for)
0 Points
The Contender
Con (against)
4 Points

You should be allowed to declare bankruptcy on college loans

Do you like this debate?NoYes+0
Add this debate to Google Add this debate to Delicious Add this debate to FaceBook Add this debate to Digg  
Post Voting Period
The voting period for this debate has ended.
after 1 vote the winner is...
Voting Style: Open Point System: 7 Point
Started: 6/18/2013 Category: Politics
Updated: 5 years ago Status: Post Voting Period
Viewed: 4,604 times Debate No: 34865
Debate Rounds (2)
Comments (1)
Votes (1)




I think bankruptcy should include college loans. College loans are so hard to finance because companies and colleges take advantage of students. The job market is bad and people are starving to death. This is not fair.


I would like to thank my opponent for starting this debate. I will allow my opponent to start first, and I will let them know that I will focus my arguments on how excluding the loans from bankruptcy allows reduced risk and so reduced rates for students.
Debate Round No. 1


Melodrama forfeited this round.


Well, this turned into nothing.

My basic argument was going to be that because bankruptcy is a risk that the company will not get their investment back, removing that risk reduces the overall risk. Lower risk equates to lower rates. Lower rates equate to more people being able to afford. When colleges can choose between more people, they can choose better people, and thus have better success and better help the future economy.

Though, since my opponent never presented an argument to work from, I am not putting any effort into this. Voters can decide if I should get a win, or just keep this tied. Either way.
Debate Round No. 2
1 comment has been posted on this debate.
Posted by Username101 5 years ago
In a way, you can already "bankrupt" out of college loans, assuming you have a low income (I assume nobody believes high income persons should be allowed to declare bankruptcy on college loans). The majority of student loans today are issued by the federal government. The federal government has an "income based repayment" plan which allows low-income persons to to pay essentially nothing toward the loan. After 25 years (10 years if you are involved in public service) any remaining debt is forgiven. Furthermore, the personal income tax increase that results from forgiven debt (cancellation of debt) CAN be discharged in bankruptcy.
1 votes has been placed for this debate.
Vote Placed by MassiveDump 5 years ago
Agreed with before the debate:--Vote Checkmark0 points
Agreed with after the debate:--Vote Checkmark0 points
Who had better conduct:-Vote Checkmark-1 point
Had better spelling and grammar:--Vote Checkmark1 point
Made more convincing arguments:-Vote Checkmark-3 points
Used the most reliable sources:--Vote Checkmark2 points
Total points awarded:04 
Reasons for voting decision: FF