@return2ozma@lemmy.world to News@lemmy.world • 1 year agoStudent loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't paywww.newsweek.comexternal-linkmessage-square111fedilinkarrow-up1401arrow-down112
arrow-up1389arrow-down1external-linkStudent loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't paywww.newsweek.com@return2ozma@lemmy.world to News@lemmy.world • 1 year agomessage-square111fedilink
minus-square@argarath@lemmy.worldlinkfedilink1•1 year agoIt is absolutely HORRIBLE and immortal to have an investment that gains money of others being in debt. That is SO fucked up
minus-squareAutistoMephistolinkfedilink2•1 year agoIt smacks of the subprime lending that caused the Great Recession all those years ago. History doesn’t repeat but it often rhymes.
minus-squareprolelinkfedilinkEnglish1•1 year agoWelcome 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 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?
It smacks of the subprime lending that caused the Great Recession all those years ago. History doesn’t repeat but it often rhymes.
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…