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variadix | 3 months ago

Government backed loans inflate demand. If banks had to consider the risk of repayment prices would come back to reality.

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nradov|3 months ago

Colleges should be on the hook for a least a portion of defaulted student loans. That would give them a direct incentive to hold down tuition.

theoreticalmal|3 months ago

Is defaulting on student loans possible? I thought, at least in USA, the only way to get out of student loans is: pay it off, work for a qualified nonprofit for awhile, or die