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I wish it were that simple. I think if you remove the government backed loans, the private loan market will be happy to have no competition.
by jonlucc 13y ago
I wish it were that simple. I think if you remove the government backed loans, the private loan market will be happy to have no competition.
- jessaustin 13y agoWe'd also want to restore the force of bankruptcy for these loans. When the student loan goons have to get in line with all the other sharks, student loans won't seem so much like free money for them. Also, it's precious to describe a market that the government has exited as then having "no competition".