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Re:The Student Debt Problem Is Worse Than We Imagined by prostoalex on Thursday August 30, 2018 @01:47PM (#17878900)
To default on a credit card you have to qualify for a credit card. Which generally requires some history with a bank that for youngsters involves a secured credit card to build credit - e.g. a credit card with $500 monthly limit paired with a $500 savings account that allows no withdrawals.

What happens when a lender decides you're unqualified for a student loan?

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