Well you could always take up a short position in Sallie Mae (SLM), however such an undertaking would be fraught with risk. They are a GSE, though both Freddie

Well you could always take up a short position in Sallie Mae (SLM), however such an undertaking would be fraught with risk. They are a GSE, though both Freddie and Fannie were as well. And don't forget the timeless Kenyes quote: "Markets can remain irrational longer than you can remain solvent." (paraphrased)