@[email protected] to [email protected] • 2 years agoOof ouch owielemmy.worldimagemessage-square53fedilinkarrow-up1604
arrow-up1604imageOof ouch owielemmy.world@[email protected] to [email protected] • 2 years agomessage-square53fedilink
minus-square@[email protected]linkfedilink48•2 years agoDon’t worry, lenders must assume some risk, that’s why we use bankruptcy - Oh, right.
minus-square@[email protected]linkfedilinkEnglish22•2 years agoIf the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
minus-square@[email protected]linkfedilink18•2 years agoI mean, it’d be ludicrous to do anything else, since education is demonstrably a net economic and societal gain. What kind of monstrous system would try to debt trap college students?
Don’t worry, lenders must assume some risk, that’s why we use bankruptcy -
Oh, right.
If the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
I mean, it’d be ludicrous to do anything else, since education is demonstrably a net economic and societal gain.
What kind of monstrous system would try to debt trap college students?
Right, that would be absurd