@[email protected] to [email protected] • 9 months agoOof ouch owielemmy.worldimagemessage-square52fedilinkarrow-up1654arrow-down121
arrow-up1633arrow-down1imageOof ouch owielemmy.world@[email protected] to [email protected] • 9 months agomessage-square52fedilink
minus-square@[email protected]linkfedilink56•9 months agoDon’t worry, lenders must assume some risk, that’s why we use bankruptcy - Oh, right.
minus-square@[email protected]linkfedilinkEnglish24•9 months agoIf the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
minus-square@[email protected]linkfedilink19•9 months 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