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(AP Photo/Bebeto Matthews)
Dec. 4 (Bloomberg) — American International Group Inc. Chief Executive Officer Peter Hancock cited government student lending and flood insurance as programs that could benefit from the perspective of private businesses.

Insurers like AIG could take into account borrowers’ career prospects, encouraging them to pursue fields of study that are more likely to pay off financially, he said. Federal student loans aren’t underwritten and are widely available to college students, though the amounts are limited for undergrads.

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