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Why are student loans usually guaranteed by the government??

Curtis Rhodes

in Social studies

1 answer

1 answer

Alexa Spicer on April 23, 2018

The reason that the student loans usually guaranteed by the government: the Banks have no guarantee for the student loans.The recipients of the students of the loan will be more likely to still have no income in your pocket, for what the bank considers a loan student s something that gives them too big of a risk. The government, on the other hand, is less driven by gains in comparison with the bank, so that they could afford the luxury of warranty.

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