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Should a bank give out a loan that cannot be escaped to someone incapable of returning it?

• googlryas 4y ago
  The idea is that they will be able to return it after going to college.
  • kjeetgill 4y ago
    That's the principle, yea. But we wouldn't be having a student debt crisis if they was all there was to it. Enough people can't. We build bankruptcy into debt systems not just to give people relief, but also to take the risk off of people and put them on lenders with actuarial resources.
    • googlryas 4y ago
      Are we really having a student loan crisis? Interest rate has been zero and payment suspended for something like 2 years right?