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You don’t get a dollar (in your metaphor)...a student still requires variable costs so you’d be left with maybe a dime.
by bluedevil2k 7y ago
You don’t get a dollar (in your metaphor)...a student still requires variable costs so you’d be left with maybe a dime.
- paulcole 7y agoNo. If the school assumes 10% of the risk of the loan, they still get the other 90% guaranteed.