K1nsey6@lemmy.ml to Late Stage Capitalism@lemmy.world · 3 months agoBailoutslemmy.mlimagemessage-square14fedilinkarrow-up118arrow-down12file-textcross-posted to: usa@lemmy.ml
arrow-up116arrow-down1imageBailoutslemmy.mlK1nsey6@lemmy.ml to Late Stage Capitalism@lemmy.world · 3 months agomessage-square14fedilinkfile-textcross-posted to: usa@lemmy.ml
minus-squareManmoth@lemmy.mllinkfedilinkarrow-up0arrow-down1·edit-23 months agoMore often than not the loans wouldn’t be granted because there wouldn’t be any collateral and the student could simply declare bankruptcy and get rid of the debt. College would have to be cheaper so people could actually afford it.
More often than not the loans wouldn’t be granted because there wouldn’t be any collateral and the student could simply declare bankruptcy and get rid of the debt. College would have to be cheaper so people could actually afford it.