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A comment on Tuition costs have risen 710% since 1983 (1200% since 1980). Inflation: 194%. Parent comment
You take a bunch of loans and bundle them together and securitize the bundle to sell to the public. Mortgage CDOs crashed the global economy in 2007-8.
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You take a bunch of loans and bundle them together and securitize the bundle to sell to the public. Mortgage CDOs crashed the global economy in 2007-8.