Right, this is what I meant by them having captured the market. | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

taeric on July 10, 2023 | parent | context | favorite | on: Tuition costs have risen 710% since 1983

Right, this is what I meant by them having captured the market.

kortilla on July 10, 2023 [–]

But your comment seems to blame them for taking on risk, which they aren’t. Maybe reword it?

taeric on July 10, 2023 | [–]

I can see that read. I meant that we should not have built a situation where lending money is risk free. It is a perverse incentive to do more lending, and ignores the actual risks that people will be unable to repay.

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact