Group Makes Debt Disappear, Pays $3.9M Toward For-Profit Students’ Outstanding Private Loans

A group that used to specialize in paying off medical debt has now expanded into the student debt field, paying off the debts of delinquent yet hardworking students while actually making money. Now THAT is what we call a radical economic model.

Consumerist

(Quazie) (Quazie)
If you’re one of the millions of consumers saddled with hard to repay student loan debt, you’ve probably dreamed of the day when your repayment obligation is finished. While it will take most of us years to reach that fine day, others are finding their student loan debt have been paid in full by a group of strangers.

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Categories: Hackers

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