> That is ONLY possible with federal funding, no private lender would fund that.... | Hacker News

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		alex_young on Feb 17, 2022 \| parent \| context \| favorite \| on: Education Department Forgives $415M of For-Profit ... > That is ONLY possible with federal funding, no private lender would fund that. Isn't this about private loans? Seems like it according to the title and the non-paywalled portion of the article.

gruez on Feb 17, 2022 | [–]

"for profit college" =/= "private lender"

foobarbaz33 on Feb 17, 2022 | [–]

Although government is interfering with these loans by taking away much of the risk. Green lighting no bankruptcy.

250k for life long wage garnishments could be a good deal.

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