Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> The government also guarantees a lot of private loans.

No, they don't. A rider to the ACA removed government subsidies of private loans. The federal government is now solely an issuer (though I believe their portfolio still includes some loans that were originally private but later bought out by the government).



I did a Google search and found multiple sources that support "The federal government fully guarantees almost all student loans." One example: https://www.investopedia.com/articles/personal-finance/08121...

Seems like you're talking about government subsidies. I was talking about government loan guarantees.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: