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That's a funny kind of moral absolutism. I think it depends on whether or not the mechanism for creating the debt was entirely just in the first place. I'm not sure the inflated price of college combined with federally guaranteed student loans from a faceless corporate creditor that experiences no risk really fits the bill. In the case of a loan through a family friend, I would feel more obliged to honor it.If you have debts, you should repay them.