Although by inclination what I want to do is rant about the iniquity of this kind of robo-debt in education, instead what I am thinking right now, is this: how does this compare overall to the rate of default in debt for other purposes? how does it compare to car loan debt? mortgage debt? I ask, because debt is the same, except in as much as student debt is in principle seeking a path to be able to repay it. The asset based debt invites a repo man:
you can't suck knowledge back out of a graduates head (ancient egyptian practices to the contrary)
you can't suck knowledge back out of a graduates head (ancient egyptian practices to the contrary)