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A comment on Earnest, Fueled by Growth in Student Loans, Raises $275M. Parent comment

Re:Earnest, Fueled by Growth in Student Loans, Raises $275M by x0x0 on Tuesday November 17, 2015 @06:08PM (#10584685)
Why would they need federal approval for that? They aren't, afaik, federal student loans.

And there are lots of reasons not to refi federal loans to private loans to save a bit of interest, particularly IBR and pay-earn plans. Though private loans would be dischargeable in bankruptcy, so they have that going for them.

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Re:Earnest, Fueled by Growth in Student Loans, Raises $275M by zaroth on Wednesday November 18, 2015 @12:20AM (#10586065)
You're right, Fed loans are paid off, not transferred for serving, perhaps... I originally assumed they would want to centralize servicing of Fed loans as well, and keep the underlying Fed loan alive underneath since it's a cheap source of funds. But they don't do that, probably not technically possible.

Did I read that right, refinanced / private student loans are dischargable in bankruptcy?

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Re:Earnest, Fueled by Growth in Student Loans, Raises $275M by x0x0 on Wednesday November 18, 2015 @02:42PM (#10590186)
some of them are; details matter

The previous post should have been

s/would/could/

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