JimmyMemes@lemmy.world to Memes@lemmy.ml · 1 year agoOof ouch owielemmy.worldimagemessage-square52fedilinkarrow-up1645arrow-down120
arrow-up1625arrow-down1imageOof ouch owielemmy.worldJimmyMemes@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square52fedilink
minus-squareDragonTypeWyvern@literature.cafelinkfedilinkarrow-up54·1 year agoDon’t worry, lenders must assume some risk, that’s why we use bankruptcy - Oh, right.
minus-squarecollegefurtraderlinkfedilinkEnglisharrow-up24arrow-down1·1 year agoIf the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
minus-squareDragonTypeWyvern@literature.cafelinkfedilinkarrow-up18·1 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