K1nsey6@lemmy.ml to Late Stage Capitalism@lemmy.world · 3 months agoBailoutslemmy.mlimagemessage-square11fedilinkarrow-up14arrow-down10file-text
arrow-up14arrow-down1imageBailoutslemmy.mlK1nsey6@lemmy.ml to Late Stage Capitalism@lemmy.world · 3 months agomessage-square11fedilinkfile-text
minus-squareChonkyOwlbear@lemmy.worldlinkfedilinkarrow-up0·3 months agoAnd if they were private loans, they would be different how?
minus-squareManmoth@lemmy.mllinkfedilinkarrow-up0arrow-down1·edit-23 months agoMore often than not the loans wouldn’t be granted because there wouldn’t be any collateral and the student could simply declare bankruptcy and get rid of the debt. College would have to be cheaper so people could actually afford it.
And if they were private loans, they would be different how?
More often than not the loans wouldn’t be granted because there wouldn’t be any collateral and the student could simply declare bankruptcy and get rid of the debt. College would have to be cheaper so people could actually afford it.