On Feb 12, 7:09 pm, Old Pif wrote:
> On Feb 12, 10:36 am, wrote:
>
>
>
> > Heh. Nobody even wants to buy repackaged student loan debt
> > securities.
>
> >http://www.bloomberg.com/apps/news?pid=20601087&sid=am8tEM8nftXk&refe...
>
> > Wonder what effects this will have on higher education.
>
> Those loans have been issues for what? I thought it was to help young
> people get education. It turns out that the intention was speculation.
> Well, bad luck, sorry.
Of course it's done for speculation. What other purposes does this
type of securitization function for? Absolutely nothing else.
http://en.wikipedia.org/wiki/Securitization >> Stay informed about: student loan debt securities