Where Your Dreams Become Reality
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Subject: RE: Taking out loans for college that you cannot pay back is the same as taking out mortgages for houses you cannot afford.
All I said was that there was nothing wrong with looking at it from the borrowers AND the lenders perspective.
I do agree that a high volume of loans makes costs go up because it increases the numbers who can participate which increases demand.
And the increases in costs leads to more people needing loans to cover the costs.
And the cycle perpetuautes.
Somethings gotta give somehwere along the line.
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