Why you can get a student loan, but not a business loan

<p>Jay Morrison put a statement on his instagram page stating something that is incredibly true: &nbsp;It's very easy for a young person to get student loans, even if they have no income, no credit, no assets and no collateral. &nbsp;&nbsp;But despite the fact that student loans are easy to obtain, business loans are nearly impossible. &nbsp;Much of this disparity in the way <a href="https://www.youtube.com/hashtag/studentloans">#studentloans</a>​ are administered is connected to the fact that student loan debt is actually the next great economic crisis in America. &nbsp;&nbsp;The presence of Student Loan Asset Backed Securities or SLABS, along with government guarantees and subsidies, makes student loans an enticing and profitable lending option for major corporations. &nbsp;Also, the 2005 Bill that disallows students to write off their student loan debt during bankruptcy plays a role in this crisis as well. &nbsp;&nbsp;Student loan debt has bubbled and the bubble will eventually pop. &nbsp;That's the nature of this conversation and this video.</p>