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@TheBadPlace@mastodon.ozioso.online · Mar 31, 2026
All Content from Business Insider | Millions of student-loan borrowers risk being driven into a 'shadow' market of costly private lenders, a new report says by Ayelet Sheffey President Donald Trump's federal student-loan repayment changes could drive borrowers toward risky private lending products.John Taggart/Bloomberg via Getty Images A new report said Trump's student-loan repayment changes could lead borrowers to riskier, subprime private loans.Traditional prime lenders would deny 40% of Americans due to low credit, the report saysFederal borrowers are expected to turn to private lending due to new borrowing caps on advanced degrees.Risky lending products could expand as federal student-loan repayment changes begin to roll out, a new report says. On Tuesday, advocacy group Protect Borrowers and left-leaning think-tank The Century Foundation released a report on how the private student-loan industry will shift once President Donald Trump's federal repayment overhaul is implemented. A shifting student-loan repayment landscapeRead the original article on Business Insider Read more: https://www.businessinsider.com/trumps-student-loan-repayment-overhaul-borrowers-private-lending-shadow-debt-2026-3 #student-loans #donaldtrump #protectborrowers #consumerfinancialprotectionbureau
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@Deceptichum@quokk.au in technology · Dec 08, 2025
The hidden Kenyan workers training China’s AI models Chinese AI companies are quietly tapping into Kenya’s young workforce, hiring students and recent graduates to label thousands of videos a day. The work is done through opaque networks of middlemen and WhatsApp groups that operate like digital factory floors. Kenya’s weak labor protections and soaring youth unemployment have made it a hot spot for cheap AI labor, prompting officials and unions to warn of a new form of digital colonialism as the government rushes to draft regulations.
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