this post was submitted on 02 Oct 2023
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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