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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 m
by 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.