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A comment on Student Loans a Lot Like the Subprime Mortgage Debacle, Watchdog Says. Parent comment

Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by plorkyeran on Wednesday December 11, 2019 @02:21AM (#21760329)
6.55% is low for an unsecured loan to someone without assets. Unsecured loans to people with good credit that can be discharged in bankruptcy have rates that are 3x that.
[ Parent | on HN ]
Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by listenallyall on Wednesday December 11, 2019 @02:51AM (#21760460)
>> without assets

and without an income

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