Nearly 20 percent of student loan borrowers are now delinquent.

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[–] 11 points 1 month ago (3 children)

Remember. If you owe the bank a few thousand it's your problem. If the bank has loaned out $234B it can't get back, that's the bank's problem.

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  • [–] 2 points 1 month ago

    If the bank has loaned out $234B it can't get back, that's the bank's problem

    No that's when they get bailed out because the bank failing would be terrible. no how dare anyone suggest if that happens the bank should become state owned if bailed out by the state

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