3 ms·
No, why?
by purpleblue 3y ago
No, why?
- rocqua 3y agoBanks would need to price the risk of failing to get the loans back. Part of that might be refusing loans, but part of that would be raising the price. Even the most creditworthy student is more risky to loan to when a bankruptcy would cancel the debt. So even they should get a marginally higher interest rate.
- purpleblue 3y agoIf you look at historical rates, the dischargeability of student loans via bankruptcy had NO effect on student loan interest rates. https://www.savingforcollege.com/article/historical-federal-student-interest-rates-and-fees https://www.savingforcollege.com/article/historical-federal-...
- rocqua 3y agoI am nowhere near well versed in US student-loans to learn much about your claim based on that link. I would love some more explanation of how those data support your claim.