Re:Defrauded students to receive loan forgiveness
by endisneigh on Friday March 19, 2021 @06:37PM
(#26518840)
I'm not sure I understand - could you elaborate on what you mean?
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Re:Defrauded students to receive loan forgiveness
by vmception on Friday March 19, 2021 @06:43PM
(#26518907)
you talk about margin debt in a topic about a sliver of Department of Education loans as if there is any similarity into the structure, circumstances and participants
Department of Education's outcome is a unilateral decision by the confirmed head of a federal agency, the latter requiring something far more involved that nobody is asking for.
Re:Defrauded students to receive loan forgiveness
by endisneigh on Friday March 19, 2021 @06:46PM
(#26518930)
I state explicitly that in the article the justification and determination of "harm" is unclear so it's impossible to really have an in-depth comparison.
However, I will say the fact that it's DoE related isn't really relevant at all. From the article it seems the main point was that students were misrepresented and later harmed as a result of taking a loan.
Those particular circumstances do happen to be shared in some instances of taking on margin debt.