The essential question I pose is this: if the student loan was table funded (and it does appear to me that they were, in many cases), then why is the originator/broker receiving the government guarantee and the exemption from discharge? By definition they didn’t loan any money to the student. It seems to me that […]

Tags: bankruptcy, discharge, disclosure, fraud, risk of loss, securitization, securitized student loans, student loan guarantees
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