2min chapter

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Ep289 - Jerry Kaplan | Humans Need Not Apply

Talks at Google

CHAPTER

Is There a Difference Between Education Loans and Mortgages?

I think part of the problem is that you don't have the same due diligence standards for handing out education loans as you do for mortgages. There is a serious question of whether you are giving these loans in cases where they probably could be forecast, they wouldn't pay off. And it is very hard to do that when their government subsidizes because then you are treating these people different than those people and so on.

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