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But all other things being equal, would they choose a speedy repayment or a slower, more expensive schedule? I think one good reason for government participati
by brown9-2 13y ago
But all other things being equal, would they choose a speedy repayment or a slower, more expensive schedule?
I think one good reason for government participation in the student loan market is that it helps reduce exploitation of the borrowers, who are mostly just-turned-18 adults so eager to attend a college they'll sign anything.
- mseebach 13y agoAll other things being equal, just like with mortgages and credit cards and car loans and other credit products, there will be different options with different terms available from different providers. Including these guys: http://www.economist.com/news/finance-and-economics/21578670-peer-peer-lending-needs-new-name-end-peer-show http://www.economist.com/news/finance-and-economics/21578670...