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True, but there has been a large drive toward refinancing student loan debt, which moves that risk into the private sector. I would be curious to see what perce
by Deinos 8y ago
True, but there has been a large drive toward refinancing student loan debt, which moves that risk into the private sector. I would be curious to see what percentage of government financed loans have been converted to private debt.
- sct202 8y agoOh yeah I've seen a lot of ads for SoFi and Laurel--also weirdly extravagant SoFi 'member' events. It seems like SoFi alone is probably fairly large. They've been reporting billions of dollars in consumer and student loans converted in a Q1 2018. Also they've been issuing asset backed securities linked to their loans.