@coolguy40 - While I totally agree that personal responsibility is at the heart of it, I struggle with why student loans are treated so differently. Why aren’t people allowed to borrow whatever they want for say a house or car? Shouldn’t they just figure out on their own what they feel they can afford and not have all this prying into their finances with underwriting? For some reason with student loans we don’t feel the need to worry about their ability to repay or question any decisions on the part of the borrower. Like paying triple for out of state or getting a degree in something with very little market value. It’s all good with student loans!
It just seems odd to me.