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babalulu | 11 months ago

I am not a fan of what's being done to the Department of Education, but the linked article states nothing about anyone's payments increasing 4x. Also, the 41% is in reference to the default rate in the 1980s when for-profit colleges abused the student loan system. The new policies will likely allow for the same abuse that we saw then due to lack of oversight and an understaffed review system.

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