Comment on Feds hit coding boot camp with big fine for allegedly conning students
evatronic@lemm.ee 4 weeks agoIt’s a contract.
They give you some money now, and, instead of an interest rate and a term for repayment, they get a percentage of your future income for some period of time.
Particularly shitty ones continue even if you repay the original loan amount.
Not_mikey@slrpnk.net 4 weeks ago
It looks like they didn’t even get the money, these were “student loans” so the money just went to pay for the tuition.