Student loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't payreturn2ozma@lemmy.world to News@lemmy.world – 479 points – 5 months agonewsweek.com154Post a CommentPreviewYou are viewing a single commentView all commentsShow the parent commentIt is absolutely HORRIBLE and immortal to have an investment that gains money of others being in debt. That is SO fucked upWhat..... What do you think a loan fundamentally is?Fucked up?Welcome to capitalism. Inb4 all the MBA nerds come to chime in about why making money off of someone else's failure is a good thing...It smacks of the subprime lending that caused the Great Recession all those years ago. History doesn't repeat but it often rhymes.Especially when it's funded through our own taxes.
It is absolutely HORRIBLE and immortal to have an investment that gains money of others being in debt. That is SO fucked upWhat..... What do you think a loan fundamentally is?Fucked up?Welcome to capitalism. Inb4 all the MBA nerds come to chime in about why making money off of someone else's failure is a good thing...It smacks of the subprime lending that caused the Great Recession all those years ago. History doesn't repeat but it often rhymes.Especially when it's funded through our own taxes.
Welcome to capitalism. Inb4 all the MBA nerds come to chime in about why making money off of someone else's failure is a good thing...
It smacks of the subprime lending that caused the Great Recession all those years ago. History doesn't repeat but it often rhymes.
It is absolutely HORRIBLE and immortal to have an investment that gains money of others being in debt. That is SO fucked up
What..... What do you think a loan fundamentally is?
Fucked up?
Welcome to capitalism.
Inb4 all the MBA nerds come to chime in about why making money off of someone else's failure is a good thing...
It smacks of the subprime lending that caused the Great Recession all those years ago. History doesn't repeat but it often rhymes.
Especially when it's funded through our own taxes.