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Originally Posted by Kevin
Slightly off subject, but wouldn't it fix a lot of problems with for-profit schools if they had to underwrite their own student loans or at least find some private entity to do so on their behalf? I have a big problem with these things leaching off of federally backed, non bankruptable loans.
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Yes, it would. But I'm guessing some sort of law would have to be passed that doesn't exist at the present. One more instance (sort of) where legality hasn't caught up with technology.