Time to break out the pitchforks.

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Student Loans Are the Ultimate in Predatory Lending

6304808136_a4465d1240_mToday’s doubling of the government student loan interest rate led to some interesting conversations for me this weekend. A good friend likened those government and private loans to the whole sub-prime mortgage predatory lending scheme: encouraging the loading up of debt by financially unsophisticated people. I think he might be right.
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