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To: karpov

Bankers will make a lot of bad loans if you insulate them from the consequences

This is the mechanism behind “student loans”.


14 posted on 10/19/2019 4:43:46 PM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: CIB-173RDABN
"the mechanism behind..."

The Fed's took over student loans years ago, so YES.

28 posted on 10/19/2019 4:59:44 PM PDT by Deaf Smith (When a Texan takes his chances, chances will be taken that's fore sure)
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