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18 days agoMy understanding was that the law was changed in the US so student loans couldn’t be wiped by bankruptcy, and the government then increased how much it could loan due to the security. Tuitions rose to meet the new supply.
My understanding was that the law was changed in the US so student loans couldn’t be wiped by bankruptcy, and the government then increased how much it could loan due to the security. Tuitions rose to meet the new supply.
TIL, thank you!