10-24-2011, 07:41 PM
kj wrote:
No, I didn't know that. But it still seems unwise to make it easier to default on the loans. Especially with the continuing proliferation of these fake schools. And it is still money that could be used more wisely. And couldn't one say that those who pay back their student loans are subsidizing this mess? kj.
Who is making it easier to default on the loans, again? Remember, these loans don't go away even if you file for bankruptcy...
It's always true that the people who pay back loans subsidize those who don't, no matter who the lender is or what sort of loan it is. That's just part of lending money. If you have a better solution to debt non-repayment, you have a future in finance!