Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W...
by swagasaurus-rex on Tuesday December 10, 2019 @11:53PM
(#21759698)
This appears to be the primary difference.
Lenders are no longer on the hook defaulting student loans. These loans are not dischargeable in bankruptcy, and it reflects on the sheer amount of loans given to sub-prime borrowers.
Lenders are no longer on the hook defaulting student loans. These loans are not dischargeable in bankruptcy, and it reflects on the sheer amount of loans given to sub-prime borrowers.