“Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.”

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Meaning

The quote contrasts how bankruptcy rules help businesses recover with the way student debt can leave graduates with fewer options. It points to a perceived imbalance in how financial hardship is treated for companies versus individuals. The statement is critical of the system’s unequal flexibility.

When It Was Said

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Who It Was Said To

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Historical Context

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Source

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Original Language & Translation

Originally said in English.

Did They Really Say It?

No source found on Wikiquote; the quote is listed as attributed to Robert Reich.

Did You Know?

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About Robert Reich

American professor, author, lawyer, and political commentator

Robert Reich is an American professor, author, lawyer, and political commentator. He served in the administrations of Gerald Ford and Jimmy Carter, and later as secretary of labor under President Bill Clinton from 1993 to 1997. He was also a member of Barack Obama’s economic transition advisory board. In 2008, Time named him one of the Ten Most Effective Cabinet Members of the century, and The Wall Street Journal ranked him sixth on its list of Most Influential Business Thinkers.

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