Re:Dartmouth Eliminates Student Loans for Undergraduates
by ghostbust555 on Tuesday June 21, 2022 @11:11AM
(#31824853)
One whiff of student loan forgiveness being mentioned and they rush to protect their capital. This is financial protection for Dartmouth dressed up as some sort of benefit to students.
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Re:Dartmouth Eliminates Student Loans for Undergraduates
by kristianbrigman on Tuesday June 21, 2022 @12:33PM
(#31825887)
How would this be a problem? Not following…. They don’t offer the student loans themselves afaik, the loans come from somewhere else, so they normally get the money but not the risk.
And I would think that if there _is_ loan forgiveness… that is essentially a back door to a increased government grant, they can’t just tell private companies to eat the losses, the government (i.e. taxpayers :) would have to cover them…
Re:Dartmouth Eliminates Student Loans for Undergraduates
by yellowapple on Tuesday June 21, 2022 @05:47PM
(#31829469)
> they can’t just tell private companies to eat the losses
Sure they can. The poor widdle loan sharks might not like that, but tough shit.
Re:Dartmouth Eliminates Student Loans for Undergraduates
by credit_guy on Tuesday June 21, 2022 @10:34PM
(#31831452)
> Sure they can
Sure they can. And just as sure they'd be sued. Fifth Amendment, or something.