4 ms·

One whiff of student loan forgiveness being mentioned and they rush to protect their capital. This is financial protection for Dartmouth dressed up as some sort

• kristianbrigman 4y ago
  How would this be a problem? Not following…. They don’t offer the student loans themselves afaik, the loans come from somewhere else, so they normally get the money but not the risk. And I would think that if there _is_ loan forgiveness… that is essentially a back door to a increased government grant, they can’t just tell private companies to eat the losses, the government (i.e. taxpayers :) would have to cover them…
  • yellowapple 4y ago
    > they can’t just tell private companies to eat the losses Sure they can. The poor widdle loan sharks might not like that, but tough shit.
    • credit_guy 4y ago
      > Sure they can Sure they can. And just as sure they'd be sued. Fifth Amendment, or something.