MSNBC Loan Wolves June 4, 2024 02:22:00
All right, to be fair, they do deserve a fresh start, mostly. ♪ ♪ ♪ but student bowers deserve that option, too. now, that doesn't mean everyone is going to run out and file bankruptcy, or that they even should. there is something much bigger at play here. >> in the absence of the threat of bankruptcy, you open the door for widespread abuse by the lenders. >> without bankruptcy as an option, lenders are now fervently lending out as much money as they can to anybody who wants to apply because repayment is guaranteed. it's up to the student to pay it back no matter what. there is no bankru...