It's still unsecured because there is nothing they can repossess. My guess that--without discriminating on a person by person basis--8% is pretty fair. I certa

It's still unsecured because there is nothing they can repossess. My guess that--without discriminating on a person by person basis--8% is pretty fair. I certainly wouldn't loan 20 year olds 90k dollars for only 8% return. The real scam artists are the schools, which have bloated the cost of an education beyond all reason.