Student loans first became nondischargeable in bankruptcy in 1976 due to an amendment in the Higher Education Act. Section 439A of this act made student loan debt non-dischargeable until five years after the start of the repayment period, except in cases of undue hardship. Over time, laws were tweaked and widened to reinforce this limitation.
This got started when he went after Berkeley as the candidate for governor of California, then became worse when he was governor, then other governors copied his playbook, then laws were enacted to roll it nationwide, then got worse when he became president. Prior to Reagan becoming governor of California all state universities were free for residents in California. Reagan hated this because it led to poor minorities being able to get an education, and he hated nothing more than he hated poor minorities.
I was going to start watching that channel when it showed up in my feed, but then I decided against it because I don’t want to get more pissed off at everything than I already am.
Ronald Reagan. That’s how this happened.
When it comes to Reagan I feel bad for dementia having to be inside him.
I’m sad that he died unable to remember what a horrible person he was.
He never thought he was horrible, so instead celebrate he was confused and horrified at the end :D
Honestly I can’t think of a single other person who I heard about their dementia and thought ‘good’
Not that simple. This got started before he took office, and it culminated long after he was out of office. Way more than one person is to blame.
https://www.tateesq.com/learn/student-loan-bankruptcy-law-history
This got started when he went after Berkeley as the candidate for governor of California, then became worse when he was governor, then other governors copied his playbook, then laws were enacted to roll it nationwide, then got worse when he became president. Prior to Reagan becoming governor of California all state universities were free for residents in California. Reagan hated this because it led to poor minorities being able to get an education, and he hated nothing more than he hated poor minorities.
You listened to this week’s Behind the Bastards too?
I was going to start watching that channel when it showed up in my feed, but then I decided against it because I don’t want to get more pissed off at everything than I already am.
It can be brutal for sure. Sometimes it’s shitheads from a while ago, so it doesn’t induce quite as much rage.
I have a lot more rage towards the capitalist system rather than just the individuals who take advantage of it.
Ding ding ding! We have a winner!