I’m all for Anything that makes them pay back loans that NOBODY FORCED THEM TO TAKE.
Spend $150,000 on “Social Justice” major and can’t get a job, too bad.
Wall Street is not stupid, handing out free money.
Probably like reverse mortgage, very expensive and only works for those with high potentials. Like selling options they should calculate their expectancy before entering an agreement. Unfortunately few are smart enough to do such.
Beats the return on most debt markets I would think. Government backs this junk don't they.
Defaults can be sold to Vinny Knuckles who will take a crack at you then sell it again to the Russians to finally, the Republicans.
I’m all for Anything that makes them pay back loans that NOBODY FORCED THEM TO TAKE.
Spend $150,000 on “Social Justice” major and can’t get a job, too bad.