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You are being downvoted because the "it's ok they did bad things for a good cause" argument is not a moral high ground.


They tried to use a solution that was better than traditional loans in some ways (don't have to pay it until/unless you get a job) and just as bad in some ways (not dischargeable in bankruptcy). That's still clearly a better option overall for a lot of people. Now after this settlement, it's an even better option since they have removed the bankruptcy clause. It is bizarre to spin this that "they were doing bad things" beforehand.


Can't downvote even if I wanted to, but...

> Lambda's model that they're understandably excited about here

You seemingly imply their bizarre positivity to being forced to stop their deceptive practices is a merely a result of them being excited about their model.

How does that track at all? What does one have to do with the other?

And on top of all that, you started by calling a critical response to their extreme positivity in the face of regulation for deceptive business practices "bizarre grumpishness."




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