It's foolish advice. If you're stupid enough to commit yourself to 30 years of crap, then you'd better stick with it and pay it off. I'm not saying that a lot of lending institutions weren't culpable, but so are the idiots who signed up for these loans. Wah, wah, wah. Can't keep up with your payments? Then get a 2nd job.

Everyone wants instant gratification. Doesn't anyone know how to WAIT for anything any more???