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> thus force lenders to evaluate credit risk when making them The lender is the federal government for almost all student loans now.
by lapcat 2y ago
> thus force lenders to evaluate credit risk when making them
The lender is the federal government for almost all student loans now.
- consteval 2y agoWhich might seem like a bad thing but remember why we got into this mess - private loans are often predatory! Private lenders understand the nature of young adults and absolutely used that to their advantage.