Quote:
Originally Posted by Hugh R
You have to remember he pays nothing back on the loan until six months after graduation, so the lender gets nothing for several years.
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7% is what's required to get investors to bite. Had they been such a safe investment they'd be in the 4% range.
It's not the same as a house- house can be insured, and can be repo'd, and it can't shoot itself in the head, die of alcoholism, or get arrested for murder.
