In Reply to: Delaware registered financial institutions did very well* posted by BiochemBruin on April 08, 2024 at 12:02:38
forever loans that cant be dismissed by bankruptcy and are backed by the full faith and credit of the US government in case of default for loans prior to 2010. Theyre the golden goose.
every time the govt tries to reign them in investors come up with new ways to structure student debt. Lenders are trying to open the spigot not close it.
If Biden is in anyones pocket on this it the thousands of indentured students who may vote for him because of this one issue.
Any financial institution that gets these loans paid off has to find some other vehicle to take their place. Even in Delaware.