Re:Soaring Student Debt Prompts Calls for Relief
by gozur88 on Tuesday September 13, 2016 @11:35PM
(#12494087)
I don't think so. Getting companies to lend to students was the whole point of the program. Normally you'd use the term to describe unwanted side effects.
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Re:Soaring Student Debt Prompts Calls for Relief
by dpark on Wednesday September 14, 2016 @02:00AM
(#12494542)
The term describes the situation in which the cost of one party's risks are born by another party. Whether it's "unwanted" doesn't actually seem that relevant. If foolish incentives create a moral hazard, the moral hazard still exists regardless of the intent behind the incentives.