One whiff of student loan forgiveness being mentioned and they rush to protect their capital. This is financial protection for Dartmouth dressed up as some sort of benefit to students.
How would this be a problem? Not following…. They don’t offer the student loans themselves afaik, the loans come from somewhere else, so they normally get the money but not the risk.
And I would think that if there _is_ loan forgiveness… that is essentially a back door to a increased government grant, they can’t just tell private companies to eat the losses, the government (i.e. taxpayers :) would have to cover them…
kristianbrigman|3 years ago
And I would think that if there _is_ loan forgiveness… that is essentially a back door to a increased government grant, they can’t just tell private companies to eat the losses, the government (i.e. taxpayers :) would have to cover them…
yellowapple|3 years ago
Sure they can. The poor widdle loan sharks might not like that, but tough shit.