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View Diary: Insurers fighting hard to keep "gender rating," avoid maternity care (39 comments)

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  •  Okay, thanks. (1+ / 0-)
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    jim bow

    They are pledging refunds in 2019 of somewhere between 10% and 90% of their 2009 loan-covered tuition receipts, and won't know until 2019 what that percentage is. That seems like a serious burden of risk to me unless tuition is a minor component of their revenue stream.

    I'm not sure how a bank would take on a share that risk, so I must be missing something.

    What I'm not getting is why someone would rely on a promise like that without some assurance it's been underwritten, perhaps affecting their employment decisions for the next 10 years. Funny that people over there are hostile to the notion that there is some guarantee beyond a vote of the faculty that their loans will be forgiven; "Don't want no stinking bill of sale - your word is good enough for me!" LOL

    Ignorance isn't exactly bliss but some things are better known when they are unknown to start with and pieced together on the way. - WineRev

    by Clem Yeobright on Wed Nov 18, 2009 at 10:26:15 AM PST

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