• Zachariah@lemmy.world
    link
    fedilink
    arrow-up
    21
    ·
    4 months ago

    Why don’t all those with student debt just form a corporation together? Then they’d be too big to fail and require a bailout.

    • AuroraZzz@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      4 months ago

      Can’t you buy medical debt for a fraction of what is owed from collections agencies? Can a bunch of people do the same thing with student loan debt?

      • subignition@fedia.io
        link
        fedilink
        arrow-up
        8
        ·
        4 months ago

        Yes, and John Oliver once did a segment on Last Week Tonight where they bought and canceled some debts to prove it.

        Too bad the Venn diagram of the ultra-wealthy and people who would actually do that is more or less two distinct circles.