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2011-02-04 — counterpunch.org
``Student loan debt is the most punishable of all forms of debt - most of those draconian measures are unavailable to credit card companies... yet the default rate among student borrowers is expected to be higher than that for subprime home mortgages... Government itself has become a predatory lender. It has the same incentive to benefit from default as do private lenders.''
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