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Re:Ripping Off Young America: The College-Loan Scandal by ahomescu1 on Friday August 16, 2013 @05:01PM (#6226716)
What's the lender's incentive to do that? Their goal is to extract as much profit as possible from the borrower (even when we're talking about the government as lender).
Re:Ripping Off Young America: The College-Loan Scandal by wmf on Friday August 16, 2013 @05:11PM (#6226756)
I would say morality, but I realize that's an invalid argument. It seems like the government shouldn't be allowed to profit from issuing student loans (especially bad ones).