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A comment on Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges. Parent comment

Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by jjeaff on Sunday March 25, 2018 @01:22AM (#16670893)
If the student defaults, the lender still gets paid. The government steps in and pays them. The debt is then essentially owed to the government rather than the lender.
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