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Monday Wordle
Wordle 436 4/6
⬛⬛⬛⬛🟨
⬛⬛🟨⬛⬛
🟨🟨⬛🟩⬛
🟩🟩🟩🟩🟩
Where it all started....
Anyone knows Huron interview process?
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Enthusiast
<softly whispers>
“Well, does anybody want to tell him/her about how student loans are essentially non-dischargeable in bankruptcy and interest still accrues while in default status?”
Enthusiast
You got it, and now you understand credit. The interest rate includes the profit a lender requires plus the amount they feel will be lost to delinquency/discharge/default (whether due to bankruptcy, death, etc.) netted by the potential recovery in each situation. That’s why when your score is lower you pay a higher rate, because your potential to default is higher.
Go start a bank now!
Well, because like everything else in the government it sits as a debt...and we tax payers pay on it....and that's why our country has a a debt that is in the trillions...
Chief
Oh I’m 100% on board with you!
I guess the reason I’m asking is because if we pay either way, the complaint about taxes as a response to the relief seems like it doesn’t actually make sense.