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Opinion: How To Fix The Student Loan Bubble—And Banking, Too

6 March 2014 6 views No Comment

“The US banking structure is screwed up in many ways, but policy-wise, nothing is more destructive than FDIC insurance for banks that do investment banking and trading as well as commercial lending. … But as I’ve been looking into the $1 trillion student loan bubble, I’ve found another perverse effect of our misaligned banking system,” Rana Foroohar writes in a Time opinion piece.

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