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A comment on Regulators Shut Down Lending Platform (YC Alum) LendUp. Parent comment

Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by fallingknife on Wednesday December 22, 2021 @07:51PM (#29657450)
Bad example. There's a free option in the market, so the paid option is for rich people only.
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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by tiahura on Thursday December 23, 2021 @06:56PM (#29668072)
Econ 101 would say that a free option would push the equilibrium price down. I'm not sure I follow your reasoning. There are comments on other stories everyday complaining about how hard it is to price against "free."

Moreover, the owner of the school drives a Toyota. I think my point is that the cost of providing an education is greater than many people think. It's not like colleges are turning a profit off of tuition.

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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by emodendroket on Wednesday December 22, 2021 @08:17PM (#29657625)
Daycare might be a more compelling one.
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