Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
by goialoq on Tuesday December 05, 2017 @03:31PM
(#15855529)
That's not true at all. A loan has a priced in risk of default.
The National Mortgage Lenders Association defaulted on their mortgage. Many business and corporations, large and small, go bankrupt and discharge debts.
Only individual consumers get trapped in non-dischargable debt.
The National Mortgage Lenders Association defaulted on their mortgage. Many business and corporations, large and small, go bankrupt and discharge debts. Only individual consumers get trapped in non-dischargable debt.