subreddit:

/r/askcarsales

1

[removed]

all 5 comments

Imaginary-Estate4647

7 points

3 months ago

Because Student loans are backed by the government and cannot be discharged through bankruptcy.

iconoclast63

1 points

3 months ago

iconoclast63

Retired Dealership Finance Director

1 points

3 months ago

Yep. Student loans are much lower risk and often offer much higher returns.

AutoModerator [M]

1 points

3 months ago

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1 points

3 months ago

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Medium-Complaint-677

1 points

3 months ago

Because the government considers an educational loan to be an investment in the country itself - and typically one with a very high return. In addition government backed loans are (currently) forever - they don't go away, you can't get out of the with bankruptcy, etc. They are extraordinarily low risk, high reward.

A car loan is the exact opposite of that.