3 ms·
The blowback on this is interesting. If you find out that your bank sells your mortgage obligation to someone else, you don't really care. But if you find out t
by MarkMc 7y ago
The blowback on this is interesting. If you find out that your bank sells your mortgage obligation to someone else, you don't really care. But if you find out that your coding school sold your ISA obligation you might feel it indicates a lack of trust and therefore be less likely to pay.
- razakel 7y agoIt indicates that what they sold you wasn't worth the money and they're fully aware of that. Real estate appraisal is a regulated profession - get two people to value your house and they'll come up with similar amounts. Ask someone to value an education and the answers will be anywhere between "you could get that for free at the library" through to tens of thousands a year.
- liamcardenas 7y agoOr they need cash now (for scaling, for instance) instead of later.
- unlinked_dll 7y agoThey don't need to scale, they need to pump out higher quality graduates.
- deleted 7y ago[deleted]