Fed Financial
What would happen to student loans if the market crashes?
Hypothetically, if the economy was to crash to go into a Second Great Depression, what would happen to the distribution of student loans in a credit tight system? Would they go to the best/economically disadvantaged students first? How would it work?
Public Comments
- It is hard to tell but probably to the best students in certain studies like medicine etc., that has a shortage of qualified people.
- Maybe the Institutions of Higher Learning would finally come to their financial senses and lower their tuition fees for lack of a student body?
