2 ms·
Student debt is unsecured debt hedging against future earnings of the debtor. If you look at it through purely financial return then the degree earnings potenti
by sys_64738 8y ago
Student debt is unsecured debt hedging against future earnings of the debtor. If you look at it through purely financial return then the degree earnings potential absolutely has to be means tested to reduce risk of default. The only way to make this happen is to have the federal government get out of the student loan business.