Student loan write-off

[scracha]

http://www.stuff.co.nz/sundaystartimes/4269206a6005.html

So does this mean you could pay off your student loan with the credit cards (or just live off them to enable paying off the loan), declare yourself bankrupt and be back in the black 12 months later? Bonkers.

[HTFU]

yeah seems too easy. Can't see how they could stop it. Most credit card companies will give up to $10000 to anyone working a average wage so could be all on (the credit card that is).

[Gremlin]

brilliant... lets not tackle the cause of it all... lets try to make the problem go away. So muuuuuch easier putting the ambo at the bottom of the cliff, rather than the top aye :rolleyes:

I'll still pay mine off... got somewhere around 15k of student loan debt.

[bucket boy]

Just another hand out for the useless people that cant manage money.And student loans are interest free