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That is still a reasonable period of time to make them low risk. So we get a market flooded by cash. And now due the ubiquity of degrees, many are worthless but
by virmundi 9y ago
That is still a reasonable period of time to make them low risk. So we get a market flooded by cash. And now due the ubiquity of degrees, many are worthless but necessary. They are becoming the high school degree.
- learc83 9y agoThe risk doesn't really have anything to do with "a market flooded by cash". The government distributes loans because legislation forces them to--not because they are low risk--and the money comes directly from the department of education not private investments. Private loans are only about 7% of the loan disbursements.