@JimmyMemes to [email protected] • 1 year agoOof ouch owieimagemessage-square56arrow-up1672arrow-down120
arrow-up1652arrow-down1imageOof ouch owie@JimmyMemes to [email protected] • 1 year agomessage-square56
minus-square@[email protected]linkfedilink56•1 year agoDon’t worry, lenders must assume some risk, that’s why we use bankruptcy - Oh, right.
minus-square@[email protected]linkfedilinkEnglish24•1 year 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•1 year 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