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I'm surprised you comment without reading the article. Not really though. >The problem is that we have a lot of people actually borrowing small amounts of mone
by blahi 10y ago
I'm surprised you comment without reading the article. Not really though.
>The problem is that we have a lot of people actually borrowing small amounts of money, going to college, not completing [a degree] or completing credentials that don't have labor market value. They tend to be older. They tend to come from disadvantaged, middle-income families and they're struggling. [But] not because they owe a lot of money.
- TheLarch 10y agoTotally support you pointing this out. However I hope you will indulge a random person, and let me suggest that your angry, aggrieved tone diminishes your contribution.
- dailyrorschach 10y agoYes but the interview seems to imply that this diminishes or somehow makes the case for the problem overblown. It says yes this is a problem, but doesn't really go into any specifics on why it's a bigger problem for those borrowers or that this is where the defaults are coming from. I guess I could have worded my comment better to say that I felt it wasn't given enough attention or depth.