not to mention the loans got anti bankruptcy measures in place so even if the degree is worthless you still need to pay off the amount of money you wasted. but with so many not paying or being unable to pay it is a completely borked system where once it collapses everything else will come down with it
not to mention the loans got anti bankruptcy measures in place so even if the degree is worthless you still need to pay off the amount of money you wasted. but with so many not paying or being unable to pay it is a completely borked system where once it collapses everything else will come down with it
That’s exactly what happened during the 09’ housing collapse. Predatory loans to people who can’t pay it back. Do you think there is a bubble here? I assume the govt thinks so, considering all the talk of ‘student loan forgiveness’ … which would only delay an inevitable
That’s exactly what happened during the 09’ housing collapse. Predatory loans to people who can’t pay it back. Do you think there is a bubble here? I assume the govt thinks so, considering all the talk of ‘student loan forgiveness’ … which would only delay an inevitable
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