> They are negatively blind, in that I cannot charge someone with family wealth in excess of $1M a lower rate than someone with negative family wealth. Correct me if I'm wrong.
Private student loans (which, like federally guaranteed loans, have reduced bankruptcy dischargeability since 2006) have no such restriction.
Federal loans do have such a restriction, but that obviously doesn't exist to influence lender behavior, if it ever did, since the entity imposing the rule is also the only lender now permitted to issue such loans.
Private student loans (which, like federally guaranteed loans, have reduced bankruptcy dischargeability since 2006) have no such restriction.
Federal loans do have such a restriction, but that obviously doesn't exist to influence lender behavior, if it ever did, since the entity imposing the rule is also the only lender now permitted to issue such loans.