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TheCountOfNowhere

Bankers to continue to feast of the lives of the young

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Apart from the high cost of further education to begin with, with no guarantee of a job that pays at the end of it all, often not value for money.....why is the interest higher for their so called worthwhile student debt, than it is to buy a property?.......are they expecting more of the students to fail to repay their debt than home buyers?.....if students can't repay their student loan how can they be expected to repay a home loan.......6% pa compounded works out to be what it would cost to buy many homes.....far to much to charge imo.;)

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Spot the new synonyms for student:

"Other concerns ... relate to the underlying assets which would provide cash flow streams for the transaction"
"This is provided obligors earn above the repayment threshold"
"funding streams are somewhat unpredictable"
"While the collateral underlying the deal has received significant attention..."
"You are buying a very long dated bond so I think it's trying to guess what future incomes will be"
https://www.reuters.com/article/idUSL8N1L12IT

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