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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 pnutjam on Wednesday December 11, 2019 @09:20AM (#21762526)
Don't forget profit, and the incentive for insurance companies to care less about what they pay and probably prefer higher prices.
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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by adventskalender on Wednesday December 11, 2019 @10:08AM (#21763029)
Why would insurance companies prefer higher prices?
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Re:Student Loans a Lot Like the Subprime Mortgage Debacle, W... by pnutjam on Wednesday December 11, 2019 @04:31PM (#21767000)
Their profit is capped at a percentage of payouts. Pay more keep more profits (after raising rates).
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