Re:How America's universities became debt factories
by rayiner on Saturday September 14, 2024 @11:21PM
(#41544950)
> Hold these debtors to standards that aren't applied to other types of debtors
That’s because these loans are made using standards that aren’t applied to other loans. The government basically does not consider credit risk or traditional underwriting standards when making student loans.
That’s because these loans are made using standards that aren’t applied to other loans. The government basically does not consider credit risk or traditional underwriting standards when making student loans.