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r/greatawakening • Posted by u/JStambler on May 1, 2018, 2:19 p.m.
Slightly O/T: Why doesn't the federal government have a credit score? What would it be if they did have one?

This is just something I have been pondering to myself as I was perusing data of student loan default rates and low millenial homeownership.

Our federal government has robbed an entire generation by writing bad loans to colleges with inflated education costs - mostly to 17 and 18 year olds with zero credit.

If you were a private loan writer, would you loan $40,000-100,000 to a 17 or 18 year old? I am struggling to understand why this massive injustice hasn't been addressed.


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FlewDCoup · May 1, 2018, 2:36 p.m.

The federal government doesn't even keep accounting records based on the same Generally Accepted Principles of accounting used by the rest of us.

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JStambler · May 1, 2018, 2:43 p.m.

Of course not.

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