Yep. The government choosing to not price-differentiate based on obvious risk factors is not a "quirk", it's a willful blindness that has created an arbitrage o

Yep. The government choosing to not price-differentiate based on obvious risk factors is not a "quirk", it's a willful blindness that has created an arbitrage opportunity. I'm a bit surprised that there isn't hand-wringing about these private companies causing adverse selection in the public student loan risk pool, but I imagine that this is a bit too complicated to explain to the article's intended audience.