Re:The Student Debt Problem Is Worse Than We Imagined
by jldugger on Saturday August 25, 2018 @09:45PM
(#17843743)
> If X% of people default then you have to increase interest rates to cover the people that default.
Your borrowers can always default, even without bankruptcy protections. It's a good policy, I assume, but I'm not sure it's strictly speaking, part of the free market dogma.
Your borrowers can always default, even without bankruptcy protections. It's a good policy, I assume, but I'm not sure it's strictly speaking, part of the free market dogma.