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@ThriftyBitternNo LabelsComments2wks ago

I've said this before, but the government shouldn't be in the loan guaranteeing business

This creates so much moral hazard. People who aren't in a financial position to repay the loans (for whatever reason) take on huge amounts of debt.

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 @DynamicM0derateUnity from New York agreed…2wks2W

Excellent point. And since the colleges know the Govt is the guarantor, they are free to hike costs up to absurd levels.

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@ThriftyBittern

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